Inducto Steel net profit declines 81.71% in the March 2014 quarter

Sales rise 144.39% to Rs 106.75 crore

Net profit of Inducto Steel declined 81.71% to Rs 0.32 crore in the quarter ended March 2014 as against Rs 1.75 crore during the previous quarter ended March 2013. Sales rose 144.39% to Rs 106.75 crore in the quarter ended March 2014 as against Rs 43.68 crore during the previous quarter ended March 2013.

For the full year,net profit declined 26.75% to Rs 4.08 crore in the year ended March 2014 as against Rs 5.57 crore during the previous year ended March 2013. Sales rose 150.23% to Rs 359.03 crore in the year ended March 2014 as against Rs 143.48 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales106.7543.68 144 359.03143.48 150 OPM %-2.95-2.43 --2.25-3.27 - PBDT0.462.73 -83 6.238.42 -26 PBT0.422.71 -85 6.138.35 -27 NP0.321.75 -82 4.085.57 -27

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