Facor Steels Ltd. Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended December 31, 2012
For the nine months, the company reported net sales of INR 2,223.775 million compared with INR 2,148.955 million for the same period last year. Loss from operations before other income, financial cost & exceptional items was INR 130.522 million compared with INR 20.414 million for the same period last year. Loss from ordinary activities before tax was INR 199.957 million compared with INR 76.171 million for the same period last year. Net loss for the period was INR 165.037 million or INR 0.80 diluted per share compared with INR 77.785 million or INR 0.38 diluted per share for the same period last year.