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Tata Sponge Iron net profit declines 36.11% in the March 2013 quarter

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Capital Market
Net profit of Tata Sponge Iron declined 36.11% to Rs 9.36 crore in the quarter ended March 2013 as against Rs 14.65 crore during the previous quarter ended March 2012. Sales rose 16.33% to Rs 206.70 crore in the quarter ended March 2013 as against Rs 177.69 crore during the previous quarter ended March 2012.

For the Audited full year,net profit rose 12.88% to Rs 85.43 crore in the year ended March 2013 as against Rs 75.68 crore during the previous year ended March 2012. Sales rose 27.27% to Rs 776.95 crore in the year ended March 2013 as against Rs 610.45 crore during the previous year ended March 2012.

 
ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales206.70177.69 16 776.95610.45 27 OPM %9.0414.32 -37 15.4618.50 -16 PBDT20.3026.65 -24 143.78130.44 10 PBT15.9322.07 -28 125.90112.07 12 NP9.3614.65 -36 85.4375.68 13

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First Published: Apr 23 2013 | 9:56 AM IST

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