Titagarh Steels disclosed a substantial drop in standalone net profit for the quarter ended September 2009. During the quarter, the profit of the company declined 50.82% to INR 4.77 million from INR 9.70 million in the same quarter previous year.
Its net sales for the quarter declined 25.29% to INR 183 million while total income for the quarter fell 25.27% to INR 183.60 million when compared with the prior year period.
| Q2 '09 | Q2 '08 | Change | |
| Net Sales | 183.42 | 245.5 | -25.29 |
| Net Profit | 4.77 | 9.7 | -50.82 |
In INR million