Sales decline 35.98% to Rs 155.84 crore
Net loss of Rathi Steel & Power reported to Rs 13.87 crore in the quarter ended March 2013 as against net profit of Rs 3.54 crore during the previous quarter ended March 2012. Sales declined 35.98% to Rs 155.84 crore in the quarter ended March 2013 as against Rs 243.43 crore during the previous quarter ended March 2012.For the full year,net loss reported to Rs 110.05 crore in the year ended March 2013 as against net profit of Rs 12.38 crore during the previous year ended March 2012. Sales declined 13.69% to Rs 808.43 crore in the year ended March 2013 as against Rs 936.66 crore during the previous year ended March 2012.
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