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Bajaj Steel Industries reports net loss of Rs 1.89 crore in the March 2013 quarter

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Capital Market
Net loss of Bajaj Steel Industries reported to Rs 1.89 crore in the quarter ended March 2013 as against net profit of Rs 0.81 crore during the previous quarter ended March 2012. Sales declined 14.01% to Rs 59.10 crore in the quarter ended March 2013 as against Rs 68.73 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 40.42% to Rs 4.26 crore in the year ended March 2013 as against Rs 7.15 crore during the previous year ended March 2012. Sales declined 9.81% to Rs 281.64 crore in the year ended March 2013 as against Rs 312.27 crore during the previous year ended March 2012.

 
ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales59.1068.73 -14 281.64312.27 -10 OPM %-3.895.03 -177 5.167.00 -26 PBDT-1.852.65 PL 11.2917.13 -34 PBT-3.731.21 PL 5.3710.58 -49 NP-1.890.81 PL 4.267.15 -40

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First Published: May 30 2013 | 6:59 PM IST

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