[Ferro-alloys.com]Net profit of Nova Iron & Steel reported to INR 4.14 crore in the quarter ended March 2013 as against net loss of INR 7.37 crore during the previous quarter ended March 2012. Sales declined 77.96% to INR 12.09 crore in the quarter ended March 2013 as against INR 54.85 crore during the previous quarter ended March 2012.
For the Audited full year, net loss reported to INR 4.78 crore in the year ended March 2013 as against net loss of INR 15.84 crore during the previous year ended March 2012. Sales rose 45.44% to INR 105.36 crore in the year ended March 2013 as against INR 72.44 crore during the previous year ended March 2012.
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