Akar Tools net profit rises 400.00% in the March 2013 quarter

Sales decline 30.32% to Rs 30.13 crore

Net profit of Akar Tools rose 400.00% to Rs 0.05 crore in the quarter ended March 2013 as against Rs 0.01 crore during the previous quarter ended March 2012. Sales declined 30.32% to Rs 30.13 crore in the quarter ended March 2013 as against Rs 43.24 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 44.39% to Rs 1.24 crore in the year ended March 2013 as against Rs 2.23 crore during the previous year ended March 2012. Sales rose 2.11% to Rs 145.86 crore in the year ended March 2013 as against Rs 142.84 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales30.1343.24 -30 145.86142.84 2 OPM %6.745.13 31 6.257.84 -20 PBDT0.680.63 8 3.924.98 -21 PBT0.060.02 200 1.532.70 -43 NP0.050.01 400 1.242.23 -44

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