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ANNOUNCEMENTS
Sirhind Steel net profit declines 8.55% in the March 2011 quarter
Sales rise 53.87% to Rs 22.85 crore
Net profit of Sirhind Steel declined 8.55% to Rs 2.14 crore in the quarter ended March 2011 as against Rs 2.34 crore during the previous quarter ended March 2010. Sales rose 53.87% to Rs 22.85 crore in the quarter ended March 2011 as against Rs 14.85 crore during the previous quarter ended March 2010.
For the audited full year, net profit declined 42.81% to Rs 3.26 crore in the year ended March 2011 as against Rs 5.70 crore during the previous year ended March 2010. Sales declined 0.64% to Rs 66.91 crore in the year ended March 2011 as against Rs 67.34 crore during the previous year ended March 2010.
| Particulars | Quarter Ended | Year Ended | ||||
| Mar. 2011 | Mar. 2010 | % Var. | Mar. 2011 | Mar. 2010 | % Var. | |
| Sales | 22.85 | 14.85 | 54 | 66.91 | 67.34 | -1 |
| OPM % | 3.94 | 3.23 | 22 | 1.64 | 3.36 | -51 |
| PBDT | 2.57 | 3.30 | -22 | 3.82 | 6.77 | -44 |
| PBT | 2.52 | 3.25 | -22 | 3.64 | 6.61 | -45 |
| NP | 2.14 | 2.34 | -9 | 3.26 | 5.70 | -43 |
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