ABC Bearings net profit declines 96.83% in the March 2013 quarter

Sales decline 32.26% to Rs 33.79 crore

Net profit of ABC Bearings declined 96.83% to Rs 0.09 crore in the quarter ended March 2013 as against Rs 2.84 crore during the previous quarter ended March 2012. Sales declined 32.26% to Rs 33.79 crore in the quarter ended March 2013 as against Rs 49.88 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 65.45% to Rs 5.30 crore in the year ended March 2013 as against Rs 15.34 crore during the previous year ended March 2012. Sales declined 15.99% to Rs 147.48 crore in the year ended March 2013 as against Rs 175.55 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales33.7949.88 -32 147.48175.55 -16 OPM %9.2914.43 -36 13.0716.67 -22 PBDT2.126.64 -68 16.3728.84 -43 PBT0.104.94 -98 7.8122.37 -65 NP0.092.84 -97 5.3015.34 -65

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