Steel Authority of India net profit declines 71.68% in the March 2013 quarter

Net profit of Steel Authority of India declined 71.68% to Rs 446.53 crore in the quarter ended March 2013 as against Rs 1576.98 crore during the previous quarter ended March 2012. Sales declined 9.22% to Rs 12162.49 crore in the quarter ended March 2013 as against Rs 13397.17 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 38.74% to Rs 2170.35 crore in the year ended March 2013 as against Rs 3542.72 crore during the previous year ended March 2012. Sales declined 3.71% to Rs 43961.05 crore in the year ended March 2013 as against Rs 45654.03 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales12162.4913397.17 -9 43961.0545654.03 -4 OPM %7.6013.92 -45 10.6613.35 -20 PBDT918.221965.86 -53 4872.966979.92 -30 PBT724.601576.73 -54 3469.985412.89 -36 NP446.531576.98 -72 2170.353542.72 -39

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