OCL Iron and Steel sales down by 16 pct
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Wednesday, 04 Nov 2009
OCL Iron and Steel swung to loss for the quarter ended September 2009. During the quarter, the company reported loss of INR 9.63 million as compared with a profit of INR 2.97 million in the same quarter previous year.
Its net sales for the quarter declined 15.96% to INR 541 million while total income for the quarter fell 16.56% to INR 541.62 million, when compared with the prior year period.
| | Q2 '09 | Q2 '08 | Change |
| Net Sales | 541.00 | 643.76 | -15.96 |
| Net Profit | (9.63) | 2.97 | - |
(In INR million)
