Gopal Iron & Steels Co.(Gujarat) reports net loss of Rs 0.02 crore in the March 2014 quarter

Sales decline 48.60% to Rs 17.94 crore

Net Loss of Gopal Iron & Steels Co.(Gujarat) reported to Rs 0.02 crore in the quarter ended March 2014 as against net loss of Rs 0.03 crore during the previous quarter ended March 2013. Sales declined 48.60% to Rs 17.94 crore in the quarter ended March 2014 as against Rs 34.90 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 0.73 crore in the year ended March 2014 as against net profit of Rs 0.01 crore during the previous year ended March 2013. Sales declined 50.38% to Rs 35.77 crore in the year ended March 2014 as against Rs 72.09 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear Ended Mar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales17.9434.90 -49 35.7772.09 -50 OPM %6.861.72 -11.355.83 - PBDT0.310.44 -30 0.551.54 -64 PBT0.030.16 -81 -0.590.41 PL NP-0.02-0.03 33 -0.730.01 PL

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