Bimetal Bearings net profit declines 29.47% in the March 2013 quarter

Net profit of Bimetal Bearings declined 29.47% to Rs 2.25 crore in the quarter ended March 2013 as against Rs 3.19 crore during the previous quarter ended March 2012. Sales declined 5.84% to Rs 40.47 crore in the quarter ended March 2013 as against Rs 42.98 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 47.39% to Rs 6.76 crore in the year ended March 2013 as against Rs 12.85 crore during the previous year ended March 2012. Sales declined 7.01% to Rs 155.92 crore in the year ended March 2013 as against Rs 167.67 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales40.4742.98 -6 155.92167.67 -7 OPM %3.839.28 -59 5.4110.56 -49 PBDT3.705.52 -33 13.3222.86 -42 PBT2.534.54 -44 9.0918.80 -52 NP2.253.19 -29 6.7612.85 -47

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