GSB Finance net profit rises 86.21% in the March 2013 quarter

Net profit of GSB Finance rose 86.21% to Rs 0.54 crore in the quarter ended March 2013 as against Rs 0.29 crore during the previous quarter ended March 2012. Sales rose 693.16% to Rs 40.61 crore in the quarter ended March 2013 as against Rs 5.12 crore during the previous quarter ended March 2012.

For the Audited full year,net profit reported to Rs 0.70 crore in the year ended March 2013 as against net loss of Rs 0.21 crore during the previous year ended March 2012. Sales rose 317.27% to Rs 113.58 crore in the year ended March 2013 as against Rs 27.22 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales40.615.12 693 113.5827.22 317 OPM %2.56-7.23 135 1.341.07 26 PBDT0.75-0.43 LP 1.090.04 2625 PBT0.74-0.43 LP 1.070.02 5250 NP0.540.29 86 0.70-0.21 LP

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