Nova Iron & Steel - Quarterly Results
12th Feb 2019

A slight decline in the revenue of Rs. 0.00 millions was seen for the December 2018 quarter as against Rs. 20.18 millions during year-ago period.The Net Loss for the quarter ended December 2018 is Rs. -19.55 millions as compared to Net Loss of Rs. -23.55 millions of corresponding quarter ended December 2017Operating profit Margin for the quarter ended December 2018 slipped to -16.49% as compared to 1.24% of corresponding quarter ended December 2017



(Rs. in Million)


  Quarter ended Year to Date Year ended
  201812 201712 % Var 201812 201712 % Var 201803 201703 % Var
Sales 0.00 20.18 0.00 34.00 96.06 -64.61 196.78 567.62 -65.33
Other Income 2.29 0.08 2762.50 5.37 0.32 1578.13 15.92 1.61 888.82
PBIDT -16.49 1.24 -1429.84 -27.23 5.37 -607.08 100.67 105.31 -4.41
Interest 0.52 22.15 -97.65 0.62 60.67 -98.98 67.78 66.63 1.73
PBDT -17.01 -20.91 -18.65 -27.85 -55.30 -49.64 32.89 38.68 -14.97
Depreciation 2.31 2.64 -12.50 6.80 7.89 -13.81 10.18 11.85 -14.09
PBT -19.33 -23.55 -17.92 -34.66 -63.19 -45.15 22.71 26.83 -15.36
TAX 0.22 0.00 0.00 0.66 0.00 0.00 -0.08 1.16 -106.90
Deferred Tax 0.22 0.00 0.00 0.66 0.00 0.00 -0.08 0.00 0.00
PAT -19.55 -23.55 -16.99 -35.32 -63.19 -44.11 22.78 25.67 -11.26
Equity 361.40 361.40 0.00 361.40 361.40 0.00 361.40 361.40 0.00
PBIDTM(%) 0.00 6.14 -100.00 -80.09 5.59 -1532.63 51.16 18.55 175.75