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Usha Martin net profit rises 1084.21% in the March 2013 quarter

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Capital Market
Net profit of Usha Martin rose 1084.21% to Rs 9.00 crore in the quarter ended March 2013 as against Rs 0.76 crore during the previous quarter ended March 2012. Sales declined 3.54% to Rs 801.60 crore in the quarter ended March 2013 as against Rs 831.01 crore during the previous quarter ended March 2012.

For the Audited full year,net profit reported to Rs 7.05 crore in the year ended March 2013 as against net loss of Rs 32.77 crore during the previous year ended March 2012. Sales rose 7.32% to Rs 3044.53 crore in the year ended March 2013 as against Rs 2836.89 crore during the previous year ended March 2012.

 
ParticularsQuarter EndedYear Ended Mar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales801.60831.01 -4 3044.532836.89 7 OPM %19.6110.99 78 17.3812.91 35 PBDT77.0322.95 236 245.56153.95 60 PBT13.38-24.49 LP 10.32-43.81 LP NP9.000.76 1084 7.05-32.77 LP

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First Published: May 10 2013 | 5:52 PM IST

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