Rathi Steel & Power reports net loss of Rs 1.94 crore in the March 2014 quarter

Sales decline 2.52% to Rs 151.91 crore

Net Loss of Rathi Steel & Power reported to Rs 1.94 crore in the quarter ended March 2014 as against net loss of Rs 13.87 crore during the previous quarter ended March 2013. Sales declined 2.52% to Rs 151.91 crore in the quarter ended March 2014 as against Rs 155.84 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 74.34 crore in the year ended March 2014 as against net loss of Rs 110.05 crore during the previous year ended March 2013. Sales declined 42.42% to Rs 465.53 crore in the year ended March 2014 as against Rs 808.43 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales151.91155.84 -3 465.53808.43 -42 OPM %-9.87-28.36 --9.78-9.95 - PBDT-27.32-53.86 49 -93.05-133.60 30 PBT-29.57-59.48 50 -101.97-155.67 34 NP-1.94-13.87 86 -74.34-110.05 32

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