Nova Iron & Steel standalone net profit rises 214.17% in the September 2014 quarter

Sales decline 68.27% to Rs 0.66 crore

Net profit of Nova Iron & Steel rose 214.17% to Rs 3.77 crore in the quarter ended September 2014 as against Rs 1.20 crore during the previous quarter ended September 2013. Sales declined 68.27% to Rs 0.66 crore in the quarter ended September 2014 as against Rs 2.08 crore during the previous quarter ended September 2013. ParticularsQuarter EndedSep. 2014Sep. 2013% Var.Sales0.662.08 -68 OPM %-131.82189.90 -PBDT-2.381.84 PL PBT-2.911.20 PL NP3.771.20 214

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