Announcement

Monday, May 31, 2010

UGSL Q4 net dips

Uttam Galva Steel Limited reported a 27% decline in its net profit at INR 34.27 crore for the fourth quarter of the 2009-10 fiscal mainly due to tax liabilities and change in accounting norms.

UGSL had earned a net profit of INR 46.96 crore in the year-ago period.

The firm said its

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