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Uttam Galva Steels Q4 net dips 30% at Rs 28 cr

By Religare

Cold rolled and galvanized steel maker, Uttam Galva Steels Ltd. today posted 29.5 per cent fall in its net profit for the quarter ended March 31, 2013 at Rs 28.2 crore.

The company's net profit for the corresponding quarter last fiscal stood at Rs 40 crore, Uttam Galva said in a filing to the Bombay Stock Exchange.

Moreover, total operating income also decreased by 23 per cent to Rs 953.8 crore during January-March quarter 2013, from Rs 1,241.5 crore in the year-ago period.


Meanwhile, shares of the company closed at Rs 72.35 a piece, up 1.69 per cent as compared to previous close on BSE.

Read more about: uttam galva steels
Story first published: Friday, May 24, 2013, 23:43 [IST]
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