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MSP Steel & Power net profit rises 178.53% in the March 2014 quarter

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Capital Market

Sales rise 28.74% to Rs 378.14 crore

Net profit of MSP Steel & Power rose 178.53% to Rs 15.18 crore in the quarter ended March 2014 as against Rs 5.45 crore during the previous quarter ended March 2013. Sales rose 28.74% to Rs 378.14 crore in the quarter ended March 2014 as against Rs 293.73 crore during the previous quarter ended March 2013.

For the full year,net profit rose 4.32% to Rs 21.00 crore in the year ended March 2014 as against Rs 20.13 crore during the previous year ended March 2013. Sales rose 28.81% to Rs 1173.60 crore in the year ended March 2014 as against Rs 911.09 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales378.14293.73 29 1173.60911.09 29 OPM %17.2913.37 -13.5517.68 - PBDT38.7121.01 84 86.5376.48 13 PBT22.857.77 194 31.7330.20 5 NP15.185.45 179 21.0020.13 4

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First Published: Jun 03 2014 | 9:58 AM IST

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