Steelco Gujarat net profit declines 74.10% in the March 2014 quarter

Sales decline 6.39% to Rs 139.01 crore

Net profit of Steelco Gujarat declined 74.10% to Rs 0.94 crore in the quarter ended March 2014 as against Rs 3.63 crore during the previous quarter ended March 2013. Sales declined 6.39% to Rs 139.01 crore in the quarter ended March 2014 as against Rs 148.50 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 3.72 crore in the year ended March 2014 as against net profit of Rs 0.17 crore during the previous year ended March 2013. Sales declined 1.96% to Rs 510.75 crore in the year ended March 2014 as against Rs 520.97 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales139.01148.50 -6 510.75520.97 -2 OPM %3.476.10 -3.234.18 - PBDT1.904.76 -60 0.734.90 -85 PBT0.943.63 -74 -3.720.17 PL NP0.943.63 -74 -3.720.17 PL

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