Marmagoa Steel reports net loss of Rs 4.25 crore in the March 2011 quarter

Sales rise 33.71% to Rs 50.41 crore

Feb 22, 2014 06:02 IST capital market

Marmagoa Steel reported net loss of Rs 4.25 crore in the quarter ended March 2011 as against net loss of Rs 11.82 crore during the previous quarter ended March 2010. Sales rose 33.71% to Rs 50.41 crore in the quarter ended March 2011 as against Rs 37.70 crore during the previous quarter ended March 2010.

For the unaudited full year, net loss reported to Rs 4.93 crore in the year ended March 2011 as against net loss of Rs 16.35 crore during the previous year ended March 2010. Sales rose 23.38% to Rs 185.97 crore in the year ended March 2011 as against Rs 150.73 crore during the previous year ended March 2010.

ParticularsQuarter EndedYear Ended
 Mar. 2011Mar. 2010% Var.Mar. 2011Mar. 2010% Var.
Sales50.4137.70 34 185.97150.73 23
OPM %-1.98-21.88 91 3.67-4.01 191
PBDT-3.94-11.11 65 -2.34-13.53 83
PBT-4.65-11.81 61 -5.18-16.34 68
NP-4.25-11.82 64 -4.93-16.35 70

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