ocl iron and steel ltd (OISL) Snapshot

OCL Iron and Steel, Ltd. reported audited standalone earnings results for the fourth quarter and audited standalone and consolidated earnings results for the full year ended March 31, 2013. For the quarter, on standalone basis, the company reported net sales/income from operations of INR 1,399.887 million, total income of INR 1,423.651 million, profit from operations before other income, interest and exceptional items of INR 62.557 million, profit from ordinary activities before tax of INR 44.745 million, net profit of INR 22.067 million or INR 0.07 per basic and diluted share after extraordinary items compared to the net sales/income from operations of INR 877.264 million, total income of INR 1,060.130 million, profit from operations before other income, interest and exceptional items of INR 144.440 million, profit from ordinary activities before tax of INR 119.955 million, net profit of INR 79.268 million or INR 0.59 per basic and diluted share after extraordinary items for the same quarter year ago. For the year, on standalone basis, the company reported net sales/income from operations of INR 3,256.588 million, total income of INR 3,453.577 million, profit from operations before other income, interest and exceptional items of INR 151.587 million, profit from ordinary activities before tax of INR 68.026 million, net profit of INR 41.773 million or INR 0.22 per basic and diluted share after extraordinary items compared to the net sales/income from operations of INR 3,130.481 million, total income of INR 3,452.411 million, profit from operations before other income, interest and exceptional items of INR 324.045 million, profit from ordinary activities before tax of INR 230.569 million, net profit of INR 173.901 million or INR 1.20 per basic and diluted share after extraordinary items for the previous year. For the year, on consolidated basis, the company reported net sales/income from operations of INR 3,307.887 million, total income of INR 3,505.223 million, profit from operations before other income, interest and exceptional items of INR 49.281 million, loss from ordinary activities before tax of INR 151.217 million, net loss of INR 106.206 million or INR 0.88 per basic and diluted share after extraordinary items compared to the net sales/income from operations of INR 3,134.718 million, total income of INR 3,456.801 million, profit from operations before other income, interest and exceptional items of INR 301.731 million, profit from ordinary activities before tax of INR 174.460 million, net profit of INR 133.847 million or INR 0.91 per basic and diluted share after extraordinary items for the previous year.

OCL Iron and Steel, Ltd. announced that they will report fiscal year 2013 results on May 30, 2013

OCL Iron and Steel, Ltd., Board Meeting, May 30, 2013. Agenda: To consider, approve & take on record the Audited Financial Results for the year ended March 31, 2013.