Glance Finance net profit declines 45.83% in the March 2014 quarter

Sales decline 13.53% to Rs 3.45 crore

Net profit of Glance Finance declined 45.83% to Rs 0.26 crore in the quarter ended March 2014 as against Rs 0.48 crore during the previous quarter ended March 2013. Sales declined 13.53% to Rs 3.45 crore in the quarter ended March 2014 as against Rs 3.99 crore during the previous quarter ended March 2013.

For the full year,net profit declined 30.00% to Rs 1.19 crore in the year ended March 2014 as against Rs 1.70 crore during the previous year ended March 2013. Sales rose 18.35% to Rs 12.51 crore in the year ended March 2014 as against Rs 10.57 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales3.453.99 -14 12.5110.57 18 OPM %4.6416.79 -13.9122.71 - PBDT0.160.67 -76 1.752.41 -27 PBT0.140.65 -78 1.672.35 -29 NP0.260.48 -46 1.191.70 -30

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