Cravatex net profit declines 18.59% in the March 2014 quarter

Sales rise 18.64% to Rs 53.98 crore

Net profit of Cravatex declined 18.59% to Rs 1.27 crore in the quarter ended March 2014 as against Rs 1.56 crore during the previous quarter ended March 2013. Sales rose 18.64% to Rs 53.98 crore in the quarter ended March 2014 as against Rs 45.50 crore during the previous quarter ended March 2013.

For the full year,net profit declined 45.50% to Rs 4.12 crore in the year ended March 2014 as against Rs 7.56 crore during the previous year ended March 2013. Sales rose 10.62% to Rs 185.15 crore in the year ended March 2014 as against Rs 167.37 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales53.9845.50 19 185.15167.37 11 OPM %7.569.96 -8.5310.00 - PBDT2.222.98 -26 8.3711.82 -29 PBT1.672.48 -33 5.7110.55 -46 NP1.271.56 -19 4.127.56 -46

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