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Ispat Industries Q4 net profit at Rs 48.89 cr

Published on Tue, Jul 01, 2008 at 10:11 , Updated at Tue, Jul 01, 2008 at 15:12
Source : CNBC-TV18

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Ispat Industries has declared its results for the quarter ended March 2008 (Q4). The company's standalone net sales were at Rs 2279.01 crore versus Rs 2105.26 crore on YoY basis.

The company's Q4 standalone net profit was at Rs 48.89 crore versus Rs 82.12 crore on YoY basis.

The company's FY08 consolidated net sales stood at Rs 8284.14 crore versus Rs 7486.57 crore. Its FY08 consolidated net profit was at Rs 30.79 crore versus net loss of Rs 10.26 crore.

Its FY08 standalone net sales were at Rs 8284.14 crore versus Rs 7486.57 crore. Its FY08 standalone net profit was at Rs 34.80 crore versus net loss of Rs 9.53 crore.

Particulars Mar-08 Dec-07 Sep-07 Jun-07
Net Sales / Interest Earned / Operating Income 2279.01 2166.23 2025.56 1813.34
Other Income 321.51 29.45 23.13 45.92
Total Income 2600.52 2195.68 2048.69 1859.26
Expenditure -2033.53 -1836.64 -1712.69 -1525.15
Operating Profit 566.99 359.04 336 334.11
Interest -328.12 -249.8 -99.34 -165.14
Profit Before Depreciation and Tax 238.87 109.24 236.66 168.97
Depreciation -160.03 -162.05 -161.63 -154.41
Profit before Tax 78.84 -52.81 75.03 14.56
Tax -29.95 16.81 -61.49 -6.19
Net Profit 48.89 -36 13.54 8.37
Equity Capital 1221.58 1218.43 1218.41 1218.4

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ISPAT all set to Bounce Back

Ispat is not a penny stock; its the 7th biggest company in India. Fundementals not strong like Tata Chemicals or Re...

in Ispat Industrie - panayampala at 12-Oct-08 06:15

ISPAT all set to Bounce Back

I strongly believe that fall in ISPAT is almost over and its a BUY for ISPAT. I has fallen more than 60% which is w...

in Ispat Industrie - Abhinandantn at 10-Oct-08 11:28

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