Vardhman Special Steels net profit declines 6.55% in the March 2013 quarter

Net profit of Vardhman Special Steels declined 6.55% to Rs 2.71 crore in the quarter ended March 2013 as against Rs 2.90 crore during the previous quarter ended March 2012. Sales declined 25.97% to Rs 103.41 crore in the quarter ended March 2013 as against Rs 139.69 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 81.27% to Rs 4.85 crore in the year ended March 2013 as against Rs 25.90 crore during the previous year ended March 2012. Sales declined 15.50% to Rs 445.24 crore in the year ended March 2013 as against Rs 526.90 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear Ended Mar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales103.41139.69 -26 445.24526.90 -16 OPM %8.137.46 9 5.6110.10 -44 PBDT5.218.03 -35 16.5546.64 -65 PBT4.257.00 -39 12.5742.58 -70 NP2.712.90 -7 4.8525.90 -81

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