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Shree Precoated Steels standalone net profit declines 77.75% in the March 2015 quarter

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Capital Market

Sales rise 9.33% to Rs 2.11 crore

Net profit of Shree Precoated Steels declined 77.75% to Rs 6.79 crore in the quarter ended March 2015 as against Rs 30.52 crore during the previous quarter ended March 2014. Sales rose 9.33% to Rs 2.11 crore in the quarter ended March 2015 as against Rs 1.93 crore during the previous quarter ended March 2014.

For the full year,net profit declined 60.80% to Rs 11.93 crore in the year ended March 2015 as against Rs 30.43 crore during the previous year ended March 2014. Sales rose 711.18% to Rs 26.12 crore in the year ended March 2015 as against Rs 3.22 crore during the previous year ended March 2014.

 
ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales2.111.93 9 26.123.22 711 OPM %15.178.81 -20.984.66 - PBDT0.310.17 82 5.470.15 3547 PBT0.290.17 71 5.430.08 6688 NP6.7930.52 -78 11.9330.43 -61

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First Published: May 30 2015 | 8:27 AM IST

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