Nova Iron & Steel reports net profit of Rs 2.63 crore in the June 2013 quarter

Sales rise 40.07% to Rs 21.22 crore

Net profit of Nova Iron & Steel reported to Rs 2.63 crore in the quarter ended June 2013 as against net loss of Rs 3.59 crore during the previous quarter ended June 2012. Sales rose 40.07% to Rs 21.22 crore in the quarter ended June 2013 as against Rs 15.15 crore during the previous quarter ended June 2012. ParticularsQuarter EndedJun. 2013Jun. 2012% Var.Sales21.2215.15 40 OPM %-5.51-58.48 -PBDT3.26-2.97 LP PBT2.63-3.59 LP NP2.63-3.59 LP

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