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Shah Alloys reports net loss of Rs 16.20 crore in the March 2013 quarter

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Capital Market
Net Loss of Shah Alloys reported to Rs 16.20 crore in the quarter ended March 2013 as against net loss of Rs 35.60 crore during the previous quarter ended March 2012. Sales declined 27.55% to Rs 137.49 crore in the quarter ended March 2013 as against Rs 189.78 crore during the previous quarter ended March 2012.

For the Audited full year,net loss reported to Rs 100.67 crore in the year ended March 2013 as against net loss of Rs 161.38 crore during the previous year ended March 2012. Sales declined 22.87% to Rs 584.53 crore in the year ended March 2013 as against Rs 757.81 crore during the previous year ended March 2012.

 
ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales137.49189.78 -28 584.53757.81 -23 OPM %-10.37-11.31 8 -7.92-15.29 48 PBDT-36.68-44.58 18 -138.33-208.10 34 PBT-44.34-52.51 16 -168.97-239.84 30 NP-16.20-35.60 54 -100.67-161.38 38

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First Published: May 28 2013 | 7:23 PM IST

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