Coal India
Coal India reported its standalone 4QFY2013 results. Its net sales declined by 21.3% yoy to `122cr. The company reported an EBITDA loss of `2cr due to higher costs. Its other income grew by 71.0% yoy to `2,680cr. As a result the PAT grew by 89.6% yoy to `2,320cr. Source: AngelBroking
India Cements
India Cements posted weak set of numbers for 4QFY2013. Net sales rose by 8.1% yoy to `1,199cr. Sale volumes rose by 6.7% yoy to 2.8mn tonnes. Net Plant Realization fell by 6.2% yoy to `3,250/tonne. OPM fell by 412bp yoy on account of lower realization and increase in input costs. Overall Input costs rose on account of higher freight coast and other expenses. Bottom-line fell by 61% yoy to `26cr. Source: AngelBroking
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