Balasore Alloys net profit rises 75.00% in the March 2014 quarter

Sales rise 13.87% to Rs 194.92 crore

Net profit of Balasore Alloys rose 75.00% to Rs 12.11 crore in the quarter ended March 2014 as against Rs 6.92 crore during the previous quarter ended March 2013. Sales rose 13.87% to Rs 194.92 crore in the quarter ended March 2014 as against Rs 171.18 crore during the previous quarter ended March 2013.

For the full year,net profit rose 59.83% to Rs 46.00 crore in the year ended March 2014 as against Rs 28.78 crore during the previous year ended March 2013. Sales rose 14.06% to Rs 782.61 crore in the year ended March 2014 as against Rs 686.13 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales194.92171.18 14 782.61686.13 14 OPM %16.0819.09 -16.5816.13 - PBDT20.1520.99 -4 90.3968.21 33 PBT15.3717.31 -11 71.5450.72 41 NP12.116.92 75 46.0028.78 60

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