Kanishk Steel Industries net profit declines 89.29% in the December 2013 quarter

Sales decline 41.03% to Rs 59.07 crore

Net profit of Kanishk Steel Industries declined 89.29% to Rs 0.06 crore in the quarter ended December 2013 as against Rs 0.56 crore during the previous quarter ended December 2012. Sales declined 41.03% to Rs 59.07 crore in the quarter ended December 2013 as against Rs 100.17 crore during the previous quarter ended December 2012. ParticularsQuarter EndedDec. 2013Dec. 2012% Var.Sales59.07100.17 -41 OPM %3.476.61 -PBDT0.892.41 -63 PBT0.180.93 -81 NP0.060.56 -89

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