Nova Iron & Steel reports standalone net loss of Rs 3.73 crore in the December 2014 quarter

Sales decline 89.95% to Rs 0.19 crore

Net loss of Nova Iron & Steel reported to Rs 3.73 crore in the quarter ended December 2014 as against net profit of Rs 0.67 crore during the previous quarter ended December 2013. Sales declined 89.95% to Rs 0.19 crore in the quarter ended December 2014 as against Rs 1.89 crore during the previous quarter ended December 2013. ParticularsQuarter EndedDec. 2014Dec. 2013% Var.Sales0.191.89 -90 OPM %-821.05-119.05 -PBDT-3.191.31 PL PBT-3.730.67 PL NP-3.730.67 PL

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