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Tata Steel standalone net profit declines 58.86% in the March 2015 quarter

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Capital Market

Sales decline 12.62% to Rs 10522.68 crore

Net profit of Tata Steel declined 58.86% to Rs 814.09 crore in the quarter ended March 2015 as against Rs 1978.64 crore during the previous quarter ended March 2014. Sales declined 12.62% to Rs 10522.68 crore in the quarter ended March 2015 as against Rs 12041.92 crore during the previous quarter ended March 2014.

For the full year,net profit rose 0.42% to Rs 6439.12 crore in the year ended March 2015 as against Rs 6412.19 crore during the previous year ended March 2014. Sales rose 0.39% to Rs 41433.82 crore in the year ended March 2015 as against Rs 41271.24 crore during the previous year ended March 2014.

 
ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales10522.6812041.92 -13 41433.8241271.24 0 OPM %15.9634.12 -24.1631.06 - PBDT1215.133697.08 -67 8615.6311783.96 -27 PBT642.673235.45 -80 6618.049855.26 -33 NP814.091978.64 -59 6439.126412.19 0

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First Published: May 20 2015 | 6:00 PM IST

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