Baid Leasing & Finance Co net profit declines 59.26% in the March 2014 quarter

Sales rise 14.74% to Rs 1.79 crore

Net profit of Baid Leasing & Finance Co declined 59.26% to Rs 0.11 crore in the quarter ended March 2014 as against Rs 0.27 crore during the previous quarter ended March 2013. Sales rose 14.74% to Rs 1.79 crore in the quarter ended March 2014 as against Rs 1.56 crore during the previous quarter ended March 2013.

For the full year,net profit rose 2.00% to Rs 1.02 crore in the year ended March 2014 as against Rs 1.00 crore during the previous year ended March 2013. Sales declined 64.36% to Rs 7.35 crore in the year ended March 2014 as against Rs 20.62 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales1.791.56 15 7.3520.62 -64 OPM %39.6660.90 -55.6516.97 - PBDT0.200.40 -50 1.600.88 82 PBT0.190.39 -51 1.550.83 87 NP0.110.27 -59 1.021.00 2

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