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Ispat Industries Q4 net profit at Rs 48.89 cr

Published on Tue, Jul 01 at 10:11 , Updated at Tue, Jul 01 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 Industries set to get Jharkhand

It is not the right time to invest in Ispat,better bet is Tata Steel(TISCO).Ispat is purely speculators stock....

in Ispat Industrie - investor11 at 04-Sep-08 09:48

wil it b worth investing in it?

dear flashstock05, i usd to watch ur msgs often. I'm not a regular user. But nw i wanna invest in emerging companie...

in Ispat Industrie - kaviselva at 04-Sep-08 05:04

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