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Nova Iron & Steel reports net profit of Rs 1.20 crore in the September 2013 quarter

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Sales decline 96.14% to Rs 2.08 crore

Net profit of Nova Iron & Steel reported to Rs 1.20 crore in the quarter ended September 2013 as against net loss of Rs 3.86 crore during the previous quarter ended September 2012. Sales declined 96.14% to Rs 2.08 crore in the quarter ended September 2013 as against Rs 53.92 crore during the previous quarter ended September 2012. ParticularsQuarter EndedSep. 2013Sep. 2012% Var.Sales2.0853.92 -96 OPM %-83.65-2.00 -PBDT1.84-3.20 LP PBT1.20-3.86 LP NP1.20-3.86 LP

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First Published: Jan 08 2014 | 1:42 PM IST

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