Facor Steels Ltd. Announces Unaudited Standalone Financial Results for the Third Quarter and Nine Months Ended December 31, 2015
For the nine months, the company reported net sales of INR 12.422 million against INR 296.060 million a year ago. Loss from operations before other income, interest expense and exceptional items was INR 68.762 million against INR 173.677 million a year ago. Loss from ordinary activities before tax was INR 99.973 million against INR 231.194 million a year ago. Loss for the period was INR 99.973 million or INR 0.48 per basic and diluted share before and after extraordinary items against INR 231.194 million or INR 1.12 per basic and diluted share before and after extraordinary items a year ago.