Jindal Steel & Power net profit declines 39.07% in the March 2013 quarter

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Sales rise 0.34% to Rs 4165.17 crore
Net profit of Jindal Steel & Power declined 39.07% to Rs 477.45 crore in the quarter ended March 2013 as against Rs 783.62 crore during the previous quarter ended March 2012. Sales rose 0.34% to Rs 4165.17 crore in the quarter ended March 2013 as against Rs 4150.86 crore during the previous quarter ended March 2012.For the Audited full year,net profit declined 24.55% to Rs 1592.55 crore in the year ended March 2013 as against Rs 2110.65 crore during the previous year ended March 2012. Sales rose 12.02% to Rs 14798.68 crore in the year ended March 2013 as against Rs 13210.26 crore during the previous year ended March 2012.
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First Published: Apr 25 2013 | 5:48 PM IST