Gandhi Special Tubes net profit declines 99.04% in the March 2014 quarter

Sales decline 8.93% to Rs 20.09 crore

Net profit of Gandhi Special Tubes declined 99.04% to Rs 0.04 crore in the quarter ended March 2014 as against Rs 4.17 crore during the previous quarter ended March 2013. Sales declined 8.93% to Rs 20.09 crore in the quarter ended March 2014 as against Rs 22.06 crore during the previous quarter ended March 2013.

For the full year,net profit declined 21.53% to Rs 17.31 crore in the year ended March 2014 as against Rs 22.06 crore during the previous year ended March 2013. Sales declined 13.32% to Rs 78.90 crore in the year ended March 2014 as against Rs 91.02 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales20.0922.06 -9 78.9091.02 -13 OPM %32.9031.50 -33.1735.62 - PBDT7.017.16 -2 34.0835.10 -3 PBT5.686.13 -7 29.1430.76 -5 NP0.044.17 -99 17.3122.06 -22

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