Ferro Alloys Corporation standalone net profit rises 141.33% in the March 2015 quarter

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Sales rise 0.62% to Rs 154.84 crore
Net profit of Ferro Alloys Corporation rose 141.33% to Rs 14.19 crore in the quarter ended March 2015 as against Rs 5.88 crore during the previous quarter ended March 2014. Sales rose 0.62% to Rs 154.84 crore in the quarter ended March 2015 as against Rs 153.88 crore during the previous quarter ended March 2014.For the full year,net profit declined 39.19% to Rs 19.07 crore in the year ended March 2015 as against Rs 31.36 crore during the previous year ended March 2014. Sales declined 6.63% to Rs 590.69 crore in the year ended March 2015 as against Rs 632.63 crore during the previous year ended March 2014.
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First Published: Jun 01 2015 | 12:28 PM IST