Steel Authority of India standalone net profit declines 44.98% in the September 2014 quarter

Sales rise 1.36% to Rs 11565.59 crore

Net profit of Steel Authority of India declined 44.98% to Rs 649.49 crore in the quarter ended September 2014 as against Rs 1180.39 crore during the previous quarter ended September 2013. Sales rose 1.36% to Rs 11565.59 crore in the quarter ended September 2014 as against Rs 11409.87 crore during the previous quarter ended September 2013. ParticularsQuarter EndedSep. 2014Sep. 2013% Var.Sales11565.5911409.87 1 OPM %11.566.86 -PBDT1142.60735.00 55 PBT750.94336.18 123 NP649.491180.39 -45

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