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Ankit Metal & Power’s Q1 net loss widens to Rs 30.63 crore

16 Aug 2018 Evaluate

Ankit Metal & Power has reported results for first quarter ended June 30, 2018.

The company has reported a net loss of Rs 30.63 crore for the quarter under review as compared to net loss of Rs 28.37 crore for the same quarter in the previous year. However, total income of the company jumped by 3-fold at Rs 48.97 crore for Q1FY19 as compared Rs 13.32 crore for the corresponding quarter previous year.

Ankit Metal & Power is one of the largest merchant producers of High Carbon Ferro Chrome, Silico Manganese, Ferro Manganese & Ferro Silicon in India and exports 70% of Ferro Alloys manufactured to countries all over the globe.

Ankit Metal & Power Share Price

1.58 -0.04 (-2.47%)
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