Nava Bharat Ferro Alloys posts sharp jump in net - Views on News from Equitymaster

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Nava Bharat Ferro Alloys posts sharp jump in net

Feb 1, 2000

Nava Bharat Ferro Alloys has posted a sharp jump in profits during the quarter ended 31st December 1999. The company has benefited from a sharp rise in other income and a decline in interest and depreciation expenditure.

(Rs m) 2QFY2000 2QFY1999 Change
Net Sales 800.2 581.4 37.6%
Other income 8.4 2.8 197.9%
Expenditure 701.9 463.1 51.6%
Interest 57.4 80.8 -28.9%
Depreciation 28.2 38.3 -26.5%
Profit before Tax 21.1 1.9 988.4%
Tax - -  
Profit after Tax/(Loss) 21.1 1.9 988.4%
Net profit margin (%) 2.6% 0.3%  

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