Ashapura Minechem consolidated net profit declines 90.15% in the March 2015 quarter

Sales rise 95.07% to Rs 440.69 crore

Net profit of Ashapura Minechem declined 90.15% to Rs 1.22 crore in the quarter ended March 2015 as against Rs 12.38 crore during the previous quarter ended March 2014. Sales rose 95.07% to Rs 440.69 crore in the quarter ended March 2015 as against Rs 225.91 crore during the previous quarter ended March 2014.

For the full year,net loss reported to Rs 36.47 crore in the year ended March 2015 as against net profit of Rs 174.21 crore during the previous year ended March 2014. Sales rose 66.72% to Rs 1724.79 crore in the year ended March 2015 as against Rs 1034.54 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales440.69225.91 95 1724.791034.54 67 OPM %8.2013.10 -15.5716.78 - PBDT33.9426.23 29 256.76155.22 65 PBT25.3819.78 28 221.91129.54 71 NP1.2212.38 -90 -36.47174.21 PL

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