Axis IT&T net profit rises 449.59% in the March 2014 quarter

Sales rise 345.97% to Rs 49.77 crore

Net profit of Axis IT&T rose 449.59% to Rs 6.65 crore in the quarter ended March 2014 as against Rs 1.21 crore during the previous quarter ended March 2013. Sales rose 345.97% to Rs 49.77 crore in the quarter ended March 2014 as against Rs 11.16 crore during the previous quarter ended March 2013.

For the full year,net profit rose 10.81% to Rs 8.20 crore in the year ended March 2014 as against Rs 7.40 crore during the previous year ended March 2013. Sales rose 232.03% to Rs 181.09 crore in the year ended March 2014 as against Rs 54.54 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales49.7711.16 346 181.0954.54 232 OPM %16.4420.43 -11.0224.15 - PBDT7.782.06 278 17.7212.10 46 PBT5.991.40 328 10.689.71 10 NP6.651.21 450 8.207.40 11

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