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Bhuwalka Steel Industries reports net loss of Rs 15.72 crore in the March 2014 quarter

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Capital Market

Sales decline 40.23% to Rs 91.97 crore

Net loss of Bhuwalka Steel Industries reported to Rs 15.72 crore in the quarter ended March 2014 as against net profit of Rs 1.72 crore during the previous quarter ended March 2013. Sales declined 40.23% to Rs 91.97 crore in the quarter ended March 2014 as against Rs 153.87 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 19.29 crore in the year ended March 2014 as against net profit of Rs 0.50 crore during the previous year ended September 2013. Sales declined 80.28% to Rs 167.86 crore in the year ended March 2014 as against Rs 851.24 crore during the previous year ended September 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Sep. 2013% Var.Sales91.97153.87 -40 167.86851.24 -80 OPM %-14.155.95 --6.494.39 - PBDT-20.071.41 PL -22.214.40 PL PBT-21.68-0.12 -17967 -25.25-3.77 -570 NP-15.721.72 PL -19.290.50 PL

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First Published: Jun 03 2014 | 6:05 PM IST

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