Jindal Steel & Power net profit declines 9.76% in the March 2014 quarter

Captital Market | Mumbai |

Sales decline 12.12% to Rs 3660.21 crore

Net profit of Jindal Steel & Power declined 9.76% to Rs 430.83 crore in the quarter ended March 2014 as against Rs 477.45 crore during the previous quarter ended March 2013. Sales declined 12.12% to Rs 3660.21 crore in the quarter ended March 2014 as against Rs 4165.17 crore during the previous quarter ended March 2013.

For the full year,net profit declined 18.88% to Rs 1291.95 crore in the year ended March 2014 as against Rs 1592.55 crore during the previous year ended March 2013. Sales declined 2.50% to Rs 14428.73 crore in the year ended March 2014 as against Rs 14798.68 crore during the previous year ended March 2013.

Particulars Quarter Ended Year Ended
Mar. 2014 Mar. 2013 % Var. Mar. 2014 Mar. 2013 % Var.
Sales 3660.21 4165.17 -12 14428.73 14798.68 -3
OPM % 26.54 24.88 - 27.81 31.17 -
PBDT 700.61 935.16 -25 2822.08 3851.08 -27
PBT 384.93 627.06 -39 1600.64 2802.62 -43
NP 430.83 477.45 -10 1291.95 1592.55 -19

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