Results     02-Jul-08
Announcements
Shah Alloys reports net loss of Rs 16.83 crore in the March 2008 quarter
Sales decline 38.11% to Rs 193.38 crore
Shah Alloys reported net loss of Rs 16.83 crore in the quarter ended March 2008 as against net profit of Rs 2.54 crore during the previous quarter ended March 2007. Sales declined 38.11% to Rs 193.38 crore in the quarter ended March 2008 as against Rs 312.48 crore during the previous quarter ended March 2007.

For the full year, net loss reported to Rs 120.45 crore in the year ended March 2008 as against net profit of Rs 39.12 crore during the previous year ended March 2007. Sales declined 28.19% to Rs 903.26 crore in the year ended March 2008 as against Rs 1257.80 crore during the previous year ended March 2007.

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