Modern Steels reports net loss of Rs 3.03 crore in the September 2013 quarter

Sales decline 3.16% to Rs 64.71 crore

Net Loss of Modern Steels reported to Rs 3.03 crore in the quarter ended September 2013 as against net loss of Rs 4.40 crore during the previous quarter ended September 2012. Sales declined 3.16% to Rs 64.71 crore in the quarter ended September 2013 as against Rs 66.82 crore during the previous quarter ended September 2012. ParticularsQuarter Ended Sep. 2013Sep. 2012% Var.Sales64.7166.82 -3 OPM %-0.34-3.38 -PBDT-3.44-5.20 34 PBT-4.61-6.41 28 NP-3.03-4.40 31

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