Uttam Galva Steels net profit declines 46.40% in the March 2014 quarter

Sales rise 56.06% to Rs 1488.40 crore

Net profit of Uttam Galva Steels declined 46.40% to Rs 15.12 crore in the quarter ended March 2014 as against Rs 28.21 crore during the previous quarter ended March 2013. Sales rose 56.06% to Rs 1488.40 crore in the quarter ended March 2014 as against Rs 953.75 crore during the previous quarter ended March 2013.

For the full year,net profit declined 46.17% to Rs 33.13 crore in the year ended March 2014 as against Rs 61.55 crore during the previous year ended March 2013. Sales declined 8.03% to Rs 5436.37 crore in the year ended March 2014 as against Rs 5911.07 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales1488.40953.75 56 5436.375911.07 -8 OPM %9.6614.69 -10.1710.05 - PBDT66.7888.30 -24 293.34297.91 -2 PBT22.2542.93 -48 78.52115.33 -32 NP15.1228.21 -46 33.1361.55 -46

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