Orissa Sponge Iron & Steel reports net loss of Rs 19.48 crore in the March 2013 quarter

Net Loss of Orissa Sponge Iron & Steel reported to Rs 19.48 crore in the quarter ended March 2013 as against net loss of Rs 18.38 crore during the previous quarter ended March 2012. There were no sales reported in the quarter ended March 2013 as against Rs 35.40 crore during the previous quarter ended March 2012.

For the Audited full year,net loss reported to Rs 66.65 crore in the year ended March 2013 as against net loss of Rs 65.27 crore during the previous year ended March 2012. Sales declined 61.74% to Rs 37.47 crore in the year ended March 2013 as against Rs 97.93 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales035.40 -100 37.4797.93 -62 OPM %0-21.19 100 -41.29-34.49 -20 PBDT-15.35-17.08 10 -52.03-64.34 19 PBT-18.88-18.38 -3 -66.05-76.52 14 NP-19.48-18.38 -6 -66.65-65.27 -2

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