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| Exchange Disseminated Time 30/05/2016 21:34:11 | Steel Authority of India Ltd has announced the following results for the quarter & year ended March 31, 2016:
The Unaudited Standalone results for the Quarter ended March 31, 2016
The Company has posted a net loss of Rs. (12309.30) million for the quarter ended March 31, 2016 as compared to net profit of Rs. 3342.20 million for the quarter ended March 31, 2015. Total Income has decreased from Rs. 118857.60 million for the quarter ended March 31, 2015 to Rs. 115450.70 million for the quarter ended March 31, 2016.
The Audited Standalone results for the Year ended March 31, 2016
The Company has posted a net loss of Rs. (41372.60) million for the year ended March 31, 2016 as compared to net profit of Rs. 20926.80 million for the year ended March 31, 2015. Total Income has decreased from Rs. 467315.50 million for the year ended March 31, 2015 to Rs. 397668.40 million for the year ended March 31, 2016.
The Consolidated Results are as follows:
The Consolidated results for the Year ended March 31, 2016
The Group has posted a net profit / (loss) after taxes, minority interest and share of profit / (loss) of associates of Rs. (40010.00) million for the year ended March 31, 2016 as compared to net profit of Rs. 21584.00 million for the year ended March 31, 2015. Total Income has decreased from Rs. 469434.50 million for the year ended March 31, 2015 to Rs. 401452.40 million for the year ended March 31, 2016. |
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