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Wednesday, 04 Nov 2009
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OCL Iron and Steel sales down by 16 pct
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 '09Q2 '08Change
Net Sales541.00643.76-15.96
Net Profit(9.63)2.97-



(In INR million)

 

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