Manaksia Steels standalone net profit declines 62.80% in the March 2015 quarter

Image
Capital Market
Last Updated : May 16 2015 | 3:47 PM IST

Sales decline 41.55% to Rs 68.61 crore

Net profit of Manaksia Steels declined 62.80% to Rs 1.22 crore in the quarter ended March 2015 as against Rs 3.28 crore during the previous quarter ended March 2014. Sales declined 41.55% to Rs 68.61 crore in the quarter ended March 2015 as against Rs 117.38 crore during the previous quarter ended March 2014.

For the full year,net profit declined 22.24% to Rs 8.18 crore in the year ended March 2015 as against Rs 10.52 crore during the previous year ended March 2014. Sales rose 52.67% to Rs 323.52 crore in the year ended March 2015 as against Rs 211.91 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales68.61117.38 -42 323.52211.91 53 OPM %2.205.02 -4.918.88 - PBDT2.866.30 -55 19.1217.36 10 PBT1.035.33 -81 11.1315.43 -28 NP1.223.28 -63 8.1810.52 -22

Powered by Capital Market - Live News

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 16 2015 | 3:15 PM IST

Next Story