Mahamaya Steel Industries reports net profit of Rs 1.31 crore in the March 2014 quarter

Sales rise 46.86% to Rs 90.20 crore

Net profit of Mahamaya Steel Industries reported to Rs 1.31 crore in the quarter ended March 2014 as against net loss of Rs 0.79 crore during the previous quarter ended March 2013. Sales rose 46.86% to Rs 90.20 crore in the quarter ended March 2014 as against Rs 61.42 crore during the previous quarter ended March 2013.

For the full year,net profit rose 63.19% to Rs 2.97 crore in the year ended March 2014 as against Rs 1.82 crore during the previous year ended March 2013. Sales declined 13.09% to Rs 289.73 crore in the year ended March 2014 as against Rs 333.36 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales90.2061.42 47 289.73333.36 -13 OPM %2.75-1.24 -4.343.70 - PBDT2.03-1.49 LP 8.136.79 20 PBT0.70-2.78 LP 2.851.52 88 NP1.31-0.79 LP 2.971.82 63

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