Southern Ispat & Energy consolidated net profit declines 85.36% in the March 2015 quarter

Image
Capital Market
Last Updated : May 16 2015 | 9:13 AM IST

Sales decline 37.70% to Rs 121.02 crore

Net profit of Southern Ispat & Energy declined 85.36% to Rs 1.65 crore in the quarter ended March 2015 as against Rs 11.27 crore during the previous quarter ended March 2014. Sales declined 37.70% to Rs 121.02 crore in the quarter ended March 2015 as against Rs 194.24 crore during the previous quarter ended March 2014.

For the full year,net profit declined 11.20% to Rs 25.22 crore in the year ended March 2015 as against Rs 28.40 crore during the previous year ended March 2014. Sales rose 32.37% to Rs 670.12 crore in the year ended March 2015 as against Rs 506.24 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales121.02194.24 -38 670.12506.24 32 OPM %1.656.03 -3.995.86 - PBDT1.8711.59 -84 26.2829.27 -10 PBT1.6111.28 -86 25.2328.28 -11 NP1.6511.27 -85 25.2228.40 -11

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 | 8:42 AM IST

Next Story