Falcon Tyres net profit declines 90.48% in the September 2013 quarter

Sales decline 14.39% to Rs 185.54 crore

Net profit of Falcon Tyres declined 90.48% to Rs 0.24 crore in the quarter ended September 2013 as against Rs 2.52 crore during the previous quarter ended September 2012. Sales declined 14.39% to Rs 185.54 crore in the quarter ended September 2013 as against Rs 216.72 crore during the previous quarter ended September 2012.

For the full year,net profit reported to Rs 5.81 crore in the year ended September 2013 as against net loss of Rs 58.98 crore during the previous year ended September 2012. Sales rose 4.19% to Rs 943.91 crore in the year ended September 2013 as against Rs 905.96 crore during the previous year ended September 2012.

ParticularsQuarter EndedYear EndedSep. 2013Sep. 2012% Var.Sep. 2013Sep. 2012% Var.Sales185.54216.72 -14 943.91905.96 4 OPM %2.5911.23 -6.597.23 - PBDT1.6515.22 -89 23.8833.25 -28 PBT0.269.42 -97 5.8315.19 -62 NP0.242.52 -90 5.81-58.98 LP

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