Steel Authority of India net profit declines 71.68% in the March 2013 quarter

Image
Capital Market
Last Updated : Jun 03 2013 | 4:32 PM IST
Net profit of Steel Authority of India declined 71.68% to Rs 446.53 crore in the quarter ended March 2013 as against Rs 1576.98 crore during the previous quarter ended March 2012. Sales declined 9.22% to Rs 12162.49 crore in the quarter ended March 2013 as against Rs 13397.17 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 38.74% to Rs 2170.35 crore in the year ended March 2013 as against Rs 3542.72 crore during the previous year ended March 2012. Sales declined 3.71% to Rs 43961.05 crore in the year ended March 2013 as against Rs 45654.03 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales12162.4913397.17 -9 43961.0545654.03 -4 OPM %7.6013.92 -45 10.6613.35 -20 PBDT918.221965.86 -53 4872.966979.92 -30 PBT724.601576.73 -54 3469.985412.89 -36 NP446.531576.98 -72 2170.353542.72 -39

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: Jun 03 2013 | 3:43 PM IST

Next Story