Net profit of Nova Iron & Steel reported to Rs 4.14 crore in the quarter ended March 2013 as against net loss of Rs 7.37 crore during the previous quarter ended March 2012. Sales declined 77.96% to Rs 12.09 crore in the quarter ended March 2013 as against Rs 54.85 crore during the previous quarter ended March 2012.
For the Audited full year,net loss reported to Rs 4.78 crore in the year ended March 2013 as against net loss of Rs 15.84 crore during the previous year ended March 2012. Sales rose 45.44% to Rs 105.36 crore in the year ended March 2013 as against Rs 72.44 crore during the previous year ended March 2012.
ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales12.0954.85 -78 105.3672.44 45 OPM %26.63-14.48 284 -10.07-21.56 53 PBDT5.16-5.97 LP -1.75-13.64 87 PBT4.42-7.31 LP -4.50-15.78 71 NP4.14-7.37 LP -4.78-15.84 70
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