Fag Bearings India net profit rises 17.58% in the December 2013 quarter

Sales rise 16.28% to Rs 399.49 crore

Net profit of Fag Bearings India rose 17.58% to Rs 34.91 crore in the quarter ended December 2013 as against Rs 29.69 crore during the previous quarter ended December 2012. Sales rose 16.28% to Rs 399.49 crore in the quarter ended December 2013 as against Rs 343.56 crore during the previous quarter ended December 2012.

For the full year,net profit declined 23.46% to Rs 121.83 crore in the year ended December 2013 as against Rs 159.18 crore during the previous year ended December 2012. Sales declined 1.09% to Rs 1420.24 crore in the year ended December 2013 as against Rs 1435.84 crore during the previous year ended December 2012.

ParticularsQuarter EndedYear EndedDec. 2013Dec. 2012% Var.Dec. 2013Dec. 2012% Var.Sales399.49343.56 16 1420.241435.84 -1 OPM %12.4812.03 -12.9315.35 - PBDT65.2550.57 29 228.69263.74 -13 PBT53.3741.81 28 185.44233.47 -21 NP34.9129.69 18 121.83159.18 -23

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