Kanishk Steel Industries net profit declines 21.74% in the June 2013 quarter

Sales decline 36.83% to Rs 64.28 crore

Net profit of Kanishk Steel Industries declined 21.74% to Rs 0.36 crore in the quarter ended June 2013 as against Rs 0.46 crore during the previous quarter ended June 2012. Sales declined 36.83% to Rs 64.28 crore in the quarter ended June 2013 as against Rs 101.75 crore during the previous quarter ended June 2012. ParticularsQuarter EndedJun. 2013Jun. 2012% Var.Sales64.28101.75 -37 OPM %3.101.96 -PBDT1.061.15 -8 PBT0.540.51 6 NP0.360.46 -22

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