Results     29-May-16
Announcements
MSP Steel & Power reports standalone net loss of Rs 37.07 crore in the March 2016 quarter
Sales decline 11.51% to Rs 211.59 crore
Net loss of MSP Steel & Power reported to Rs 37.07 crore in the quarter ended March 2016 as against net profit of Rs 12.79 crore during the previous quarter ended March 2015. Sales declined 11.51% to Rs 211.59 crore in the quarter ended March 2016 as against Rs 239.10 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 178.44 crore in the year ended March 2016 as against net loss of Rs 102.57 crore during the previous year ended March 2015. Sales declined 17.47% to Rs 893.78 crore in the year ended March 2016 as against Rs 1082.98 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear Ended
 Mar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.
Sales211.59239.10 -12 893.781082.98 -17
OPM %3.52-5.33 --1.170.53 -
PBDT-23.41-31.31 25 -123.56-98.15 -26
PBT-42.78-45.10 5 -186.89-151.09 -24
NP-37.0712.79 PL -178.44-102.57 -74

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