National Steel & Agro Industries standalone net profit declines 67.43% in the March 2017 quarter

Sales decline 10.10% to Rs 916.23 crore

Net profit of National Steel & Agro Industries declined 67.43% to Rs 6.65 crore in the quarter ended March 2017 as against Rs 20.42 crore during the previous quarter ended March 2016. Sales declined 10.10% to Rs 916.23 crore in the quarter ended March 2017 as against Rs 1019.13 crore during the previous quarter ended March 2016.

For the full year,net profit declined 26.72% to Rs 20.62 crore in the year ended March 2017 as against Rs 28.14 crore during the previous year ended March 2016. Sales rose 6.17% to Rs 3978.29 crore in the year ended March 2017 as against Rs 3747.15 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales916.231019.13 -10 3978.293747.15 6 OPM %4.423.68 -4.244.07 - PBDT14.075.71 146 48.7630.41 60 PBT9.912.05 383 32.5515.85 105 NP6.6520.42 -67 20.6228.14 -27

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