Gujarat Automotive Gears net profit rises 3.64% in the March 2014 quarter

Sales rise 41.71% to Rs 8.97 crore

Net profit of Gujarat Automotive Gears rose 3.64% to Rs 1.14 crore in the quarter ended March 2014 as against Rs 1.10 crore during the previous quarter ended March 2013. Sales rose 41.71% to Rs 8.97 crore in the quarter ended March 2014 as against Rs 6.33 crore during the previous quarter ended March 2013.

For the full year,net profit rose 13.97% to Rs 4.65 crore in the year ended March 2014 as against Rs 4.08 crore during the previous year ended March 2013. Sales rose 18.41% to Rs 28.43 crore in the year ended March 2014 as against Rs 24.01 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales8.976.33 42 28.4324.01 18 OPM %16.1625.28 -21.2823.49 - PBDT1.421.70 -16 7.376.50 13 PBT1.301.59 -18 6.936.05 15 NP1.141.10 4 4.654.08 14

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