Vidarbha Iron & Steel Corporation reports nil net profit/loss in the March 2014 quarter

Sales reported at Rs 0.05 crore

Vidarbha Iron & Steel Corporation reported no net profit/loss in the quarter ended March 2014 as against net profit of Rs 0.02 crore during the previous quarter ended March 2013. Sales remain constant at Rs 0.05 crore in the quarter ended March 2014 and also during the previous quarter ended March 2013.

For the full year,net profit declined 90.00% to Rs 0.02 crore in the year ended March 2014 as against Rs 0.20 crore during the previous year ended March 2013. Sales declined 97.32% to Rs 0.21 crore in the year ended March 2014 as against Rs 7.85 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales0.050.05 0 0.217.85 -97 OPM %40.00-80.00 -19.051.78 - PBDT0.030.07 -57 0.070.29 -76 PBT0.010.06 -83 0.030.24 -88 NP00.02 -100 0.020.20 -90

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