Bajaj Steel Industries reports net loss of Rs 4.81 crore in the March 2014 quarter

Sales rise 22.37% to Rs 72.32 crore

Net Loss of Bajaj Steel Industries reported to Rs 4.81 crore in the quarter ended March 2014 as against net loss of Rs 1.89 crore during the previous quarter ended March 2013. Sales rose 22.37% to Rs 72.32 crore in the quarter ended March 2014 as against Rs 59.10 crore during the previous quarter ended March 2013.

For the full year,net profit rose 189.20% to Rs 12.32 crore in the year ended March 2014 as against Rs 4.26 crore during the previous year ended March 2013. Sales rose 43.69% to Rs 404.69 crore in the year ended March 2014 as against Rs 281.64 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear Ended Mar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales72.3259.10 22 404.69281.64 44 OPM %-3.57-3.91 -7.635.16 - PBDT-2.57-1.86 -38 27.7011.29 145 PBT-6.49-3.74 -74 18.875.37 251 NP-4.81-1.89 -154 12.324.26 189

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