Net Loss of Uttam Value Steels reported to Rs 67.24 crore in the quarter ended June 2018 as against net loss of Rs 79.17 crore during the previous quarter ended June 2017. Sales declined 5.61% to Rs 682.67 crore in the quarter ended June 2018 as against Rs 723.23 crore during the previous quarter ended June 2017.

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Net Loss of Uttam Value Steels reported to Rs 133.18 crore in the quarter ended March 2018 as against net loss of Rs 206.21 crore during the previous quarter ended March 2017. Sales declined 13.11% to Rs 647.21 crore in the quarter ended March 2018 as against Rs 744.85 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 465.82 crore in the year ended March 2018 as against net loss of Rs 509.81 crore during the previous year ended March 2017. Sales declined 24.93% to Rs 2636.26 crore in the year ended March 2018 as against Rs 3511.63 crore during the previous year ended March 2017.

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Uttam Value Steels will hold a meeting of the Board of Directors of the Company on 6 April 2018 to consider and approve the Audited Financial Accounts of the Company for the year ended 31st March, 2018

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Uttam Value Steels has appointed Arvind Kumar Gupta has been appointed as an Additional Director on the Board of the Company through passing of resolution by circulation, with effect from 19 January, 2018.

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