Hariyana Ship Breakers net profit rises 106.05% in the March 2014 quarter

Sales decline 70.05% to Rs 97.56 crore

Net profit of Hariyana Ship Breakers rose 106.05% to Rs 14.65 crore in the quarter ended March 2014 as against Rs 7.11 crore during the previous quarter ended March 2013. Sales declined 70.05% to Rs 97.56 crore in the quarter ended March 2014 as against Rs 325.77 crore during the previous quarter ended March 2013.

For the full year,net profit declined 19.90% to Rs 13.16 crore in the year ended March 2014 as against Rs 16.43 crore during the previous year ended March 2013. Sales declined 54.67% to Rs 469.13 crore in the year ended March 2014 as against Rs 1035.02 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales97.56325.77 -70 469.131035.02 -55 OPM %5.223.75 --0.293.91 - PBDT17.479.47 84 17.3724.51 -29 PBT17.049.01 89 15.5522.67 -31 NP14.657.11 106 13.1616.43 -20

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