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Inducto Steel reports standalone net loss of Rs 1.69 crore in the September 2014 quarter

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Capital Market

Sales decline 77.00% to Rs 27.81 crore

Net loss of Inducto Steel reported to Rs 1.69 crore in the quarter ended September 2014 as against net profit of Rs 0.13 crore during the previous quarter ended September 2013. Sales declined 77.00% to Rs 27.81 crore in the quarter ended September 2014 as against Rs 120.89 crore during the previous quarter ended September 2013. ParticularsQuarter EndedSep. 2014Sep. 2013% Var.Sales27.81120.89 -77 OPM %-21.25-2.51 -PBDT-2.420.17 PL PBT-2.450.15 PL NP-1.690.13 PL

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First Published: Nov 17 2014 | 8:54 AM IST

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