Facor Steels reports net loss of Rs 8.50 crore in the March 2013 quarter

Sales decline 74.73% to Rs 23.68 crore

Feb 25, 2014 04:02 IST capital market

Net Loss of Facor Steels reported to Rs 8.50 crore in the quarter ended March 2013 as against net loss of Rs 0.89 crore during the previous quarter ended March 2012. Sales declined 74.73% to Rs 23.68 crore in the quarter ended March 2013 as against Rs 93.69 crore during the previous quarter ended March 2012.

For the Audited full year,net loss reported to Rs 25.01 crore in the year ended March 2013 as against net loss of Rs 8.67 crore during the previous year ended March 2012. Sales declined 20.26% to Rs 246.06 crore in the year ended March 2013 as against Rs 308.58 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear Ended
 Mar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.
Sales23.6893.69 -75 246.06308.58 -20
OPM %-35.73-0.01 -334620 -10.03-1.30 -672
PBDT-8.300.32 PL -24.18-3.24 -646
PBT-9.66-1.05 -820 -29.67-8.67 -242
NP-8.50-0.89 -855 -25.01-8.67 -188

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