JSW Steel Q4 net down 61.56%https://indianexpress.com/article/news-archive/web/jsw-steel-q4-net-down-61-56/

JSW Steel Q4 net down 61.56%

The firm had a net profit of Rs 769.73 crore and net sales of Rs 10,152.68 crore in Q4 of FY’12.

Hit by decline in sales and higher depreciation and interest outgo,JSW Steel has reported a sharp 61.56 per cent decline in consolidated net profit to Rs 295.91 crore for the fourth quarter ended March,2013. Its consolidated net sales declined by nearly 3 per cent to Rs 9,851.54 crore in the last quarter of FY13. The firm had a net profit of Rs 769.73 crore and net sales of Rs 10,152.68 crore in Q4 of FY’12.


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Hind Copper net up 37% at R188 cr

New Delhi: Hindustan Copper today reported 37 per cent rise in net profit at Rs 188 crore for the quarter ended March 31,despite decline in total income. The state-owned firm had clocked Rs 137.43 crore net profit in the January-March quarter of the last fiscal,it said in a BSE filing. Total Q4 income was down,however,at Rs 415 crore from Rs 686.70 crore the year-ago period. pti