Bimetal Bearings net profit declines 30.22% in the March 2014 quarter

Sales decline 7.26% to Rs 37.53 crore

Net profit of Bimetal Bearings declined 30.22% to Rs 1.57 crore in the quarter ended March 2014 as against Rs 2.25 crore during the previous quarter ended March 2013. Sales declined 7.26% to Rs 37.53 crore in the quarter ended March 2014 as against Rs 40.47 crore during the previous quarter ended March 2013.

For the full year,net profit declined 42.90% to Rs 3.86 crore in the year ended March 2014 as against Rs 6.76 crore during the previous year ended March 2013. Sales declined 9.84% to Rs 140.57 crore in the year ended March 2014 as against Rs 155.92 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales37.5340.47 -7 140.57155.92 -10 OPM %4.263.83 -3.285.77 - PBDT2.933.70 -21 9.4413.32 -29 PBT1.842.53 -27 5.039.09 -45 NP1.572.25 -30 3.866.76 -43

Powered by Capital Market - Live News