Nelcast net profit declines 44.51% in the March 2013 quarter

Net profit of Nelcast declined 44.51% to Rs 6.67 crore in the quarter ended March 2013 as against Rs 12.02 crore during the previous quarter ended March 2012. Sales declined 30.40% to Rs 112.65 crore in the quarter ended March 2013 as against Rs 161.86 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 69.94% to Rs 13.91 crore in the year ended March 2013 as against Rs 46.28 crore during the previous year ended March 2012. Sales declined 22.28% to Rs 507.60 crore in the year ended March 2013 as against Rs 653.10 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales112.65161.86 -30 507.60653.10 -22 OPM %10.3311.49 -10 6.4912.43 -48 PBDT12.6619.35 -35 31.8178.89 -60 PBT9.9916.73 -40 20.7067.87 -70 NP6.6712.02 -45 13.9146.28 -70

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