Garnet International reports net profit of Rs 0.62 crore in the March 2014 quarter

Sales decline 90.91% to Rs 0.04 crore

Net profit of Garnet International reported to Rs 0.62 crore in the quarter ended March 2014 as against net loss of Rs 0.31 crore during the previous quarter ended March 2013. Sales declined 90.91% to Rs 0.04 crore in the quarter ended March 2014 as against Rs 0.44 crore during the previous quarter ended March 2013.

For the full year,net profit declined 57.14% to Rs 0.03 crore in the year ended March 2014 as against Rs 0.07 crore during the previous year ended March 2013. Sales declined 68.69% to Rs 0.62 crore in the year ended March 2014 as against Rs 1.98 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales0.040.44 -91 0.621.98 -69 OPM %1650.00-115.91 -17.746.06 - PBDT0.66-0.49 LP 0.120.16 -25 PBT0.65-0.50 LP 0.060.10 -40 NP0.62-0.31 LP 0.030.07 -57

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