Sales decline 30.40% to Rs 112.65 crore
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.
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