Harita Seating Systems net profit declines 53.00% in the March 2014 quarter

Sales decline 7.34% to Rs 61.86 crore

Net profit of Harita Seating Systems declined 53.00% to Rs 2.19 crore in the quarter ended March 2014 as against Rs 4.66 crore during the previous quarter ended March 2013. Sales declined 7.34% to Rs 61.86 crore in the quarter ended March 2014 as against Rs 66.76 crore during the previous quarter ended March 2013.

For the full year,net profit declined 56.33% to Rs 4.66 crore in the year ended March 2014 as against Rs 10.67 crore during the previous year ended March 2013. Sales declined 10.26% to Rs 241.31 crore in the year ended March 2014 as against Rs 268.91 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales61.8666.76 -7 241.31268.91 -10 OPM %7.7411.61 -5.047.69 - PBDT4.027.02 -43 10.5317.36 -39 PBT2.825.93 -52 5.9013.14 -55 NP2.194.66 -53 4.6610.67 -56

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