Tube Investments of India net profit declines 63.90% in the March 2013 quarter

Net profit of Tube Investments of India declined 63.90% to Rs 20.85 crore in the quarter ended March 2013 as against Rs 57.76 crore during the previous quarter ended March 2012. Sales declined 9.53% to Rs 789.53 crore in the quarter ended March 2013 as against Rs 872.74 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 42.27% to Rs 103.96 crore in the year ended March 2013 as against Rs 180.09 crore during the previous year ended March 2012. Sales declined 2.14% to Rs 3390.37 crore in the year ended March 2013 as against Rs 3464.42 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales789.53872.74 -10 3390.373464.42 -2 OPM %7.6910.94 -30 8.6910.59 -18 PBDT53.4490.87 -41 230.79321.18 -28 PBT31.4171.03 -56 151.02245.10 -38 NP20.8557.76 -64 103.96180.09 -42

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