Hira Ferro Alloys net profit declines 7.53% in the March 2014 quarter

Sales decline 54.98% to Rs 50.52 crore

Net profit of Hira Ferro Alloys declined 7.53% to Rs 0.86 crore in the quarter ended March 2014 as against Rs 0.93 crore during the previous quarter ended March 2013. Sales declined 54.98% to Rs 50.52 crore in the quarter ended March 2014 as against Rs 112.21 crore during the previous quarter ended March 2013.

For the full year,net profit declined 29.43% to Rs 2.71 crore in the year ended March 2014 as against Rs 3.84 crore during the previous year ended March 2013. Sales declined 52.07% to Rs 212.76 crore in the year ended March 2014 as against Rs 443.92 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales50.52112.21 -55 212.76443.92 -52 OPM %7.643.99 -9.193.93 - PBDT2.522.50 1 12.9010.64 21 PBT0.310.38 -18 4.292.11 103 NP0.860.93 -8 2.713.84 -29

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