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MSP Steel & Power net profit declines 24.72% in the March 2013 quarter

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Capital Market
Net profit of MSP Steel & Power declined 24.72% to Rs 5.45 crore in the quarter ended March 2013 as against Rs 7.24 crore during the previous quarter ended March 2012. Sales rose 61.31% to Rs 293.73 crore in the quarter ended March 2013 as against Rs 182.09 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 22.67% to Rs 20.13 crore in the year ended March 2013 as against Rs 26.03 crore during the previous year ended March 2012. Sales rose 33.31% to Rs 911.09 crore in the year ended March 2013 as against Rs 683.45 crore during the previous year ended March 2012.

 
ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales293.73182.09 61 911.09683.45 33 OPM %13.3718.74 -29 17.6816.99 4 PBDT21.0017.80 18 76.4862.78 22 PBT7.7610.28 -25 30.2033.69 -10 NP5.457.24 -25 20.1326.03 -23

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First Published: May 29 2013 | 3:56 PM IST

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