Garg Furnace net profit declines 94.29% in the March 2013 quarter

Net profit of Garg Furnace declined 94.29% to Rs 0.02 crore in the quarter ended March 2013 as against Rs 0.35 crore during the previous quarter ended March 2012. Sales declined 7.78% to Rs 61.26 crore in the quarter ended March 2013 as against Rs 66.43 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 42.94% to Rs 0.93 crore in the year ended March 2013 as against Rs 1.63 crore during the previous year ended March 2012. Sales rose 2.94% to Rs 211.63 crore in the year ended March 2013 as against Rs 205.59 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales61.2666.43 -8 211.63205.59 3 OPM %3.415.30 -36 4.083.34 22 PBDT1.22-0.27 LP 3.303.29 0 PBT0.89-0.56 LP 2.022.23 -9 NP0.020.35 -94 0.931.63 -43

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