Marmagoa Steel reports net loss of Rs 7.55 crore in the March 2012 quarter

Sales decline 49.31% to Rs 25.54 crore

Feb 23, 2014 10:02 IST capital market

Marmagoa Steel reported net loss to Rs 7.55 crore in the quarter ended March 2012 as against net loss of Rs 4.74 crore during the previous quarter ended March 2011. Sales declined 49.31% to Rs 25.54 crore in the quarter ended March 2012 as against Rs 50.38 crore during the previous quarter ended March 2011.

For the Audited full year,net loss reported to Rs 11.22 crore in the year ended March 2012 as against net loss of Rs 5.42 crore during the previous year ended March 2011. Sales declined 13.70% to Rs 160.46 crore in the year ended March 2012 as against Rs 185.94 crore during the previous year ended March 2011.

ParticularsQuarter EndedYear Ended
 Mar. 2012Mar. 2011% Var.Mar. 2012Mar. 2011% Var.
Sales25.5450.38 -49 160.46185.94 -14
OPM %-19.15-2.92 -556 0.213.42 -94
PBDT-8.06-3.45 -134 -9.58-1.85 -418
PBT-8.72-4.16 -110 -12.39-4.69 -164
NP-7.55-4.74 -59 -11.22-5.42 -107

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