Facor Steels reports net loss of Rs 7.46 crore in the March 2014 quarter

Sales rise 36.66% to Rs 32.36 crore

Net Loss of Facor Steels reported to Rs 7.46 crore in the quarter ended March 2014 as against net loss of Rs 8.50 crore during the previous quarter ended March 2013. Sales rose 36.66% to Rs 32.36 crore in the quarter ended March 2014 as against Rs 23.68 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 28.05 crore in the year ended March 2014 as against net loss of Rs 25.01 crore during the previous year ended March 2013. Sales declined 73.53% to Rs 65.12 crore in the year ended March 2014 as against Rs 246.06 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales32.3623.68 37 65.12246.06 -74 OPM %-11.16-24.24 --23.00-5.97 - PBDT-6.12-8.30 26 -22.68-24.18 6 PBT-7.46-9.66 23 -28.05-29.67 5 NP-7.46-8.50 12 -28.05-25.01 -12

Powered by Capital Market - Live News