Shri Badrinarain Alloys & Steels reports net loss of Rs 13.05 crore in the March 2014 quarter

Sales decline 51.56% to Rs 174.11 crore

Net Loss of Shri Badrinarain Alloys & Steels reported to Rs 13.05 crore in the quarter ended March 2014 as against net loss of Rs 40.63 crore during the previous quarter ended March 2013. Sales declined 51.56% to Rs 174.11 crore in the quarter ended March 2014 as against Rs 359.45 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 31.52 crore in the year ended March 2014 as against net loss of Rs 36.17 crore during the previous year ended March 2013. Sales declined 33.49% to Rs 545.02 crore in the year ended March 2014 as against Rs 819.51 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales174.11359.45 -52 545.02819.51 -33 OPM %-8.67-8.89 -0.27-0.24 - PBDT-9.88-38.53 74 -19.07-27.63 31 PBT-12.97-40.74 68 -31.42-36.05 13 NP-13.05-40.63 68 -31.52-36.17 13

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