OCL Iron & Steel net profit declines 72.13% in the March 2013 quarter

Net profit of OCL Iron & Steel declined 72.13% to Rs 2.21 crore in the quarter ended March 2013 as against Rs 7.93 crore during the previous quarter ended March 2012. Sales rose 59.57% to Rs 139.99 crore in the quarter ended March 2013 as against Rs 87.73 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 75.96% to Rs 4.18 crore in the year ended March 2013 as against Rs 17.39 crore during the previous year ended March 2012. Sales rose 4.03% to Rs 325.66 crore in the year ended March 2013 as against Rs 313.05 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales139.9987.73 60 325.66313.05 4 OPM %4.67-1.77 364 1.863.08 -40 PBDT7.1314.28 -50 17.3932.49 -46 PBT4.4812.00 -63 6.8023.05 -70 NP2.217.93 -72 4.1817.39 -76

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