Ashirwad Steels & Industries net profit declines 72.06% in the March 2014 quarter

Sales decline 76.50% to Rs 2.23 crore

Net profit of Ashirwad Steels & Industries declined 72.06% to Rs 0.19 crore in the quarter ended March 2014 as against Rs 0.68 crore during the previous quarter ended March 2013. Sales declined 76.50% to Rs 2.23 crore in the quarter ended March 2014 as against Rs 9.49 crore during the previous quarter ended March 2013.

For the full year,net profit declined 53.75% to Rs 0.37 crore in the year ended March 2014 as against Rs 0.80 crore during the previous year ended March 2013. Sales declined 72.29% to Rs 13.26 crore in the year ended March 2014 as against Rs 47.86 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales2.239.49 -77 13.2647.86 -72 OPM %5.837.48 --7.690.46 - PBDT0.240.97 -75 1.301.96 -34 PBT-0.050.68 PL 0.170.83 -80 NP0.190.68 -72 0.370.80 -54

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