Facor Steels reports standalone net profit of Rs 10.61 crore in the March 2015 quarter

Sales reported at Rs -0.33 crore

Net profit of Facor Steels reported to Rs 10.61 crore in the quarter ended March 2015 as against net loss of Rs 7.46 crore during the previous quarter ended March 2014. Sales reported to Rs -0.33 crore in the quarter ended March 2015 as against Rs 32.36 crore during the previous quarter ended March 2014.

For the full year,net loss reported to Rs 12.51 crore in the year ended March 2015 as against net loss of Rs 28.05 crore during the previous year ended March 2014. Sales declined 55.05% to Rs 29.27 crore in the year ended March 2015 as against Rs 65.12 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales-0.3332.36 PL 29.2765.12 -55 OPM %1484.85-11.16 --65.80-23.00 - PBDT12.29-6.12 LP -7.82-22.68 66 PBT10.61-7.46 LP -12.51-28.05 55 NP10.61-7.46 LP -12.51-28.05 55

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