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Nitin Alloys Global net profit declines 56.25% in the March 2010 quarter

Capital Market/ 15:03 , May 03, 2010

Sales rise 8.21% to Rs 6.59 crore

Net profit of Nitin Alloys Global declined 56.25% to Rs 0.07 crore in the quarter ended March 2010 as against Rs 0.16 crore during the previous quarter ended March 2009. Sales rose 8.21% to Rs 6.59 crore in the quarter ended March 2010 as against Rs 6.09 crore during the previous quarter ended March 2009.

For the unaudited full year, net profit declined 14.84% to Rs 1.55 crore in the year ended March 2010 as against Rs 1.82 crore during the previous year ended March 2009. Sales declined 36.95% to Rs 24.45 crore in the year ended March 2010 as against Rs 38.78 crore during the previous year ended March 2009.

ParticularsQuarter EndedYear Ended
 Mar. 2010Mar. 2009% Var.Mar. 2010Mar. 2009% Var.
Sales6.596.09 8 24.4538.78 -37
OPM %7.4416.26 -54 15.9111.91 34
PBDT0.270.88 -69 3.233.56 -9
PBT0.070.68 -90 2.392.75 -13
NP0.070.16 -56 1.551.82 -15

 



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