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Tata Steel net profit declines 16.10% in the March 2013 quarter

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Capital Market
Net profit of Tata Steel declined 16.10% to Rs 1309.21 crore in the quarter ended March 2013 as against Rs 1560.51 crore during the previous quarter ended March 2012. Sales rose 13.09% to Rs 10602.88 crore in the quarter ended March 2013 as against Rs 9375.91 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 24.39% to Rs 5062.97 crore in the year ended March 2013 as against Rs 6696.42 crore during the previous year ended March 2012. Sales rose 12.23% to Rs 37725.46 crore in the year ended March 2013 as against Rs 33614.88 crore during the previous year ended March 2012.

 
ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales10602.889375.91 13 37725.4633614.88 12 OPM %31.1631.91 -2 29.4934.32 -14 PBDT3319.342660.58 25 10151.5110497.78 -3 PBT2858.572370.62 21 8511.139346.34 -9 NP1309.211560.51 -16 5062.976696.42 -24

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First Published: May 23 2013 | 6:22 PM IST

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