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OCL Iron & Steel reports net loss of Rs 1.82 crore in the March 2014 quarter

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Capital Market

Sales rise 92.78% to Rs 269.87 crore

Net loss of OCL Iron & Steel reported to Rs 1.82 crore in the quarter ended March 2014 as against net profit of Rs 2.21 crore during the previous quarter ended March 2013. Sales rose 92.78% to Rs 269.87 crore in the quarter ended March 2014 as against Rs 139.99 crore during the previous quarter ended March 2013.

For the full year,net profit declined 42.58% to Rs 2.40 crore in the year ended March 2014 as against Rs 4.18 crore during the previous year ended March 2013. Sales rose 87.60% to Rs 610.93 crore in the year ended March 2014 as against Rs 325.66 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales269.87139.99 93 610.93325.66 88 OPM %11.734.67 -7.371.86 - PBDT7.217.13 1 21.9217.40 26 PBT-2.794.48 PL 3.336.81 -51 NP-1.822.21 PL 2.404.18 -43

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First Published: May 31 2014 | 11:32 AM IST

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