Bhuwalka Steel Industries reports net loss of Rs 2.68 crore in the September 2013 quarter

Sales rise 35.04% to Rs 179.47 crore

Net loss of Bhuwalka Steel Industries reported to Rs 2.68 crore in the quarter ended September 2013 as against net profit of Rs 1.48 crore during the previous quarter ended September 2012. Sales rose 35.04% to Rs 179.47 crore in the quarter ended September 2013 as against Rs 132.90 crore during the previous quarter ended September 2012.

For the full year,net profit reported to Rs 0.50 crore in the year ended September 2013 as against net loss of Rs 2.21 crore during the previous year ended March 2012. Sales rose 33.28% to Rs 851.24 crore in the year ended September 2013 as against Rs 638.70 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedSep. 2013Sep. 2012% Var.Sep. 2013Mar. 2012% Var.Sales179.47132.90 35 851.24638.70 33 OPM %2.396.65 -4.394.04 - PBDT-1.102.45 PL 4.402.51 75 PBT-2.631.48 PL -3.77-3.47 -9 NP-2.681.48 PL 0.50-2.21 LP

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