Results Monday, May 31, 2010 15:50 Hrs IST

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ANNOUNCEMENTS

Sirhind Steel net profit rises 485.00% in the March 2010 quarter

Sales decline 6.07% to Rs 14.85 crore

Net profit of Sirhind Steel rose 485.00% to Rs 2.34 crore in the quarter ended March 2010 as against Rs 0.40 crore during the previous quarter ended March 2009. Sales declined 6.07% to Rs 14.85 crore in the quarter ended March 2010 as against Rs 15.81 crore during the previous quarter ended March 2009.

For the audited full year, net profit rose 167.61% to Rs 5.70 crore in the year ended March 2010 as against Rs 2.13 crore during the previous year ended March 2009. Sales declined 21.95% to Rs 67.34 crore in the year ended March 2010 as against Rs 86.28 crore during the previous year ended March 2009.

ParticularsQuarter EndedYear Ended
 Mar. 2010Mar. 2009% Var.Mar. 2010Mar. 2009% Var.
Sales14.8515.81 -6 67.3486.28 -22
OPM %3.230.19 1603 3.361.32 154
PBDT3.301.17 182 6.772.99 126
PBT3.251.10 195 6.612.83 134
NP2.340.40 485 5.702.13 168

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