Godawari Power & Ispat net profit declines 46.37% in the March 2014 quarter

Sales decline 12.70% to Rs 421.41 crore

Net profit of Godawari Power & Ispat declined 46.37% to Rs 30.66 crore in the quarter ended March 2014 as against Rs 57.17 crore during the previous quarter ended March 2013. Sales declined 12.70% to Rs 421.41 crore in the quarter ended March 2014 as against Rs 482.72 crore during the previous quarter ended March 2013.

For the full year,net profit declined 54.93% to Rs 55.94 crore in the year ended March 2014 as against Rs 124.13 crore during the previous year ended March 2013. Sales declined 19.39% to Rs 1540.92 crore in the year ended March 2014 as against Rs 1911.63 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales421.41482.72 -13 1540.921911.63 -19 OPM %14.7911.36 -13.7512.60 - PBDT47.4333.40 42 121.89158.24 -23 PBT28.0120.52 37 55.21105.97 -48 NP30.6657.17 -46 55.94124.13 -55

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