Steel Exchange India standalone net profit declines 95.67% in the March 2015 quarter

Sales rise 21.11% to Rs 415.15 crore

Net profit of Steel Exchange India declined 95.67% to Rs 1.00 crore in the quarter ended March 2015 as against Rs 23.11 crore during the previous quarter ended March 2014. Sales rose 21.11% to Rs 415.15 crore in the quarter ended March 2015 as against Rs 342.79 crore during the previous quarter ended March 2014.

For the full year,net profit declined 20.55% to Rs 28.46 crore in the year ended March 2015 as against Rs 35.82 crore during the previous year ended March 2014. Sales rose 24.68% to Rs 1565.37 crore in the year ended March 2015 as against Rs 1255.47 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales415.15342.79 21 1565.371255.47 25 OPM %11.0015.27 -11.1910.14 - PBDT13.6930.06 -54 59.7954.10 11 PBT7.3126.38 -72 34.7739.09 -11 NP1.0023.11 -96 28.4635.82 -21

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