Uttam Value Steels reports net loss of Rs 28.66 crore in the March 2014 quarter

Sales decline 10.10% to Rs 1463.90 crore

Net loss of Uttam Value Steels reported to Rs 28.66 crore in the quarter ended March 2014 as against net profit of Rs 17.74 crore during the previous quarter ended March 2013. Sales declined 10.10% to Rs 1463.90 crore in the quarter ended March 2014 as against Rs 1628.35 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 98.73 crore in the year ended March 2014 as against net profit of Rs 1.02 crore during the previous year ended March 2013. Sales declined 0.72% to Rs 5998.62 crore in the year ended March 2014 as against Rs 6042.02 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales1463.901628.35 -10 5998.626042.02 -1 OPM %5.055.95 -4.304.40 - PBDT7.6654.55 -86 54.68146.03 -63 PBT-28.6617.74 PL -98.731.02 PL NP-28.6617.74 PL -98.731.02 PL

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