Ferro Alloys Corporation net profit declines 49.87% in the March 2014 quarter

Sales rise 6.10% to Rs 153.88 crore

Net profit of Ferro Alloys Corporation declined 49.87% to Rs 5.88 crore in the quarter ended March 2014 as against Rs 11.73 crore during the previous quarter ended March 2013. Sales rose 6.10% to Rs 153.88 crore in the quarter ended March 2014 as against Rs 145.03 crore during the previous quarter ended March 2013.

For the full year,net profit rose 21.60% to Rs 31.36 crore in the year ended March 2014 as against Rs 25.79 crore during the previous year ended March 2013. Sales rose 22.16% to Rs 632.63 crore in the year ended March 2014 as against Rs 517.87 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales153.88145.03 6 632.63517.87 22 OPM %8.2910.07 -10.389.89 - PBDT9.3912.62 -26 52.2340.13 30 PBT6.9810.35 -33 42.9630.94 39 NP5.8811.73 -50 31.3625.79 22

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