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India Steel Works reports net profit of Rs 1.34 crore in the September 2013 quarter

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Capital Market

Sales decline 37.94% to Rs 137.60 crore

Net profit of India Steel Works reported to Rs 1.34 crore in the quarter ended September 2013 as against net loss of Rs 4.83 crore during the previous quarter ended September 2012. Sales declined 37.94% to Rs 137.60 crore in the quarter ended September 2013 as against Rs 221.71 crore during the previous quarter ended September 2012. ParticularsQuarter EndedSep. 2013Sep. 2012% Var.Sales137.60221.71 -38 OPM %-0.291.15 -PBDT-5.56-1.37 -306 PBT-9.46-4.83 -96 NP1.34-4.83 LP

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First Published: Nov 16 2013 | 5:37 PM IST

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