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MMTC net profit declines 97.53% in the March 2013 quarter

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Capital Market
Net profit of MMTC declined 97.53% to Rs 2.21 crore in the quarter ended March 2013 as against Rs 89.47 crore during the previous quarter ended March 2012. Sales declined 31.37% to Rs 7287.69 crore in the quarter ended March 2013 as against Rs 10618.32 crore during the previous quarter ended March 2012.

For the Audited full year,net loss reported to Rs 70.62 crore in the year ended March 2013 as against net profit of Rs 70.72 crore during the previous year ended March 2012. Sales declined 56.90% to Rs 28415.62 crore in the year ended March 2013 as against Rs 65929.11 crore during the previous year ended March 2012.

 
ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales7287.6910618.32 -31 28415.6265929.11 -57 OPM %-0.510.44 -215 0.150.06 165 PBDT-1.08114.04 PL 141.21188.09 -25 PBT-4.10111.31 PL 129.24176.09 -27 NP2.2189.47 -98 -70.6270.72 PL

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First Published: May 30 2013 | 7:52 PM IST

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