Ashapura Minechem net profit declines 35.72% in the March 2014 quarter

Sales decline 31.93% to Rs 123.37 crore

Net profit of Ashapura Minechem declined 35.72% to Rs 27.08 crore in the quarter ended March 2014 as against Rs 42.13 crore during the previous quarter ended March 2013. Sales declined 31.93% to Rs 123.37 crore in the quarter ended March 2014 as against Rs 181.23 crore during the previous quarter ended March 2013.

For the full year,net profit rose 336.15% to Rs 141.27 crore in the year ended March 2014 as against Rs 32.39 crore during the previous year ended March 2013. Sales rose 33.48% to Rs 631.53 crore in the year ended March 2014 as against Rs 473.11 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales123.37181.23 -32 631.53473.11 33 OPM %16.6318.74 -17.3217.02 - PBDT20.6723.73 -13 101.2446.75 117 PBT18.0320.04 -10 90.0835.30 155 NP27.0842.13 -36 141.2732.39 336

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