Cords Cable Industries net profit declines 50.73% in the March 2014 quarter

Sales decline 21.04% to Rs 94.17 crore

Net profit of Cords Cable Industries declined 50.73% to Rs 1.01 crore in the quarter ended March 2014 as against Rs 2.05 crore during the previous quarter ended March 2013. Sales declined 21.04% to Rs 94.17 crore in the quarter ended March 2014 as against Rs 119.26 crore during the previous quarter ended March 2013.

For the full year,net profit declined 66.61% to Rs 2.03 crore in the year ended March 2014 as against Rs 6.08 crore during the previous year ended March 2013. Sales declined 31.77% to Rs 262.99 crore in the year ended March 2014 as against Rs 385.44 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales94.17119.26 -21 262.99385.44 -32 OPM %9.079.33 -9.819.94 - PBDT2.745.13 -47 8.0017.40 -54 PBT1.503.04 -51 3.019.00 -67 NP1.012.05 -51 2.036.08 -67

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