RMG Alloy Steel reports net loss of Rs 14.15 crore in the March 2014 quarter

Sales rise 31.37% to Rs 99.04 crore

Net Loss of RMG Alloy Steel reported to Rs 14.15 crore in the quarter ended March 2014 as against net loss of Rs 21.94 crore during the previous quarter ended March 2013. Sales rose 31.37% to Rs 99.04 crore in the quarter ended March 2014 as against Rs 75.39 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 34.14 crore in the year ended March 2014 as against net loss of Rs 93.30 crore during the previous year ended March 2013. Sales rose 17.93% to Rs 416.24 crore in the year ended March 2014 as against Rs 352.97 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales99.0475.39 31 416.24352.97 18 OPM %3.29-6.50 -0.26-7.14 - PBDT-8.63-16.42 47 -47.04-71.03 34 PBT-14.15-21.94 36 -69.32-93.30 26 NP-14.15-21.94 36 -34.14-93.30 63

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