Jindal Steel & Power net profit declines 9.76% in the March 2014 quarter

Sales decline 12.12% to Rs 3660.21 crore

Net profit of Jindal Steel & Power declined 9.76% to Rs 430.83 crore in the quarter ended March 2014 as against Rs 477.45 crore during the previous quarter ended March 2013. Sales declined 12.12% to Rs 3660.21 crore in the quarter ended March 2014 as against Rs 4165.17 crore during the previous quarter ended March 2013.

For the full year,net profit declined 18.88% to Rs 1291.95 crore in the year ended March 2014 as against Rs 1592.55 crore during the previous year ended March 2013. Sales declined 2.50% to Rs 14428.73 crore in the year ended March 2014 as against Rs 14798.68 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales3660.214165.17 -12 14428.7314798.68 -3 OPM %26.5424.88 -27.8131.17 - PBDT700.61935.16 -25 2822.083851.08 -27 PBT384.93627.06 -39 1600.642802.62 -43 NP430.83477.45 -10 1291.951592.55 -19

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