Nova Iron & Steel standalone net profit declines 68.70% in the September 2015 quarter

Sales decline 77.27% to Rs 0.15 crore

Net profit of Nova Iron & Steel declined 68.70% to Rs 1.18 crore in the quarter ended September 2015 as against Rs 3.77 crore during the previous quarter ended September 2014. Sales declined 77.27% to Rs 0.15 crore in the quarter ended September 2015 as against Rs 0.66 crore during the previous quarter ended September 2014. ParticularsQuarter EndedSep. 2015Sep. 2014% Var.Sales0.150.66 -77 OPM %2013.33-131.82 -PBDT1.53-2.38 LP PBT1.18-2.91 LP NP1.183.77 -69

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