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Visa Steel reports net profit of Rs 78.32 crore in the March 2013 quarter

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Capital Market
Net profit of Visa Steel reported to Rs 78.32 crore in the quarter ended March 2013 as against net loss of Rs 51.91 crore during the previous quarter ended March 2012. Sales declined 34.52% to Rs 238.16 crore in the quarter ended March 2013 as against Rs 363.74 crore during the previous quarter ended March 2012.

For the Audited full year,net loss reported to Rs 91.04 crore in the year ended March 2013 as against net loss of Rs 118.85 crore during the previous year ended March 2012. Sales declined 25.95% to Rs 999.43 crore in the year ended March 2013 as against Rs 1349.61 crore during the previous year ended March 2012.

 
ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales238.16363.74 -35 999.431349.61 -26 OPM %-21.04-3.71 -468 -3.605.93 -161 PBDT-78.67-66.30 -19 -166.55-83.60 -99 PBT-95.54-80.29 -19 -231.17-134.75 -72 NP78.32-51.91 LP -91.04-118.85 23

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First Published: Jun 06 2013 | 12:29 PM IST

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