Galaxy Bearings net profit declines 8.18% in the March 2014 quarter

Sales decline 7.87% to Rs 14.98 crore

Net profit of Galaxy Bearings declined 8.18% to Rs 1.01 crore in the quarter ended March 2014 as against Rs 1.10 crore during the previous quarter ended March 2013. Sales declined 7.87% to Rs 14.98 crore in the quarter ended March 2014 as against Rs 16.26 crore during the previous quarter ended March 2013.

For the full year,net profit rose 35.89% to Rs 2.84 crore in the year ended March 2014 as against Rs 2.09 crore during the previous year ended March 2013. Sales rose 19.30% to Rs 45.49 crore in the year ended March 2014 as against Rs 38.13 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales14.9816.26 -8 45.4938.13 19 OPM %11.3512.61 -13.3213.17 - PBDT1.271.74 -27 4.583.60 27 PBT1.161.61 -28 4.123.12 32 NP1.011.10 -8 2.842.09 36

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