Electrosteel Steels reports net loss of Rs 121.87 crore in the March 2013 quarter

Sales rise 31.55% to Rs 72.76 crore

Net Loss of Electrosteel Steels reported to Rs 121.87 crore in the quarter ended March 2013 as against net loss of Rs 76.74 crore during the previous quarter ended March 2012. Sales rose 31.55% to Rs 72.76 crore in the quarter ended March 2013 as against Rs 55.31 crore during the previous quarter ended March 2012.

For the Audited full year,net loss reported to Rs 280.01 crore in the year ended March 2013 as against net loss of Rs 149.82 crore during the previous year ended March 2012. Sales rose 141.24% to Rs 140.09 crore in the year ended March 2013 as against Rs 58.07 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales72.7655.31 32 140.0958.07 141 OPM %-62.37-61.31 -2 -60.78-79.27 23 PBDT-101.38-68.01 -49 -218.63-125.84 -74 PBT-119.57-76.72 -56 -277.70-149.79 -85 NP-121.87-76.74 -59 -280.01-149.82 -87

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