High Energy Batteries (India) reports net profit of Rs 1.64 crore in the March 2014 quarter

Sales decline 2.09% to Rs 10.79 crore

Net profit of High Energy Batteries (India) reported to Rs 1.64 crore in the quarter ended March 2014 as against net loss of Rs 0.23 crore during the previous quarter ended March 2013. Sales declined 2.09% to Rs 10.79 crore in the quarter ended March 2014 as against Rs 11.02 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 6.23 crore in the year ended March 2014 as against net profit of Rs 0.37 crore during the previous year ended March 2013. Sales declined 54.08% to Rs 30.54 crore in the year ended March 2014 as against Rs 66.51 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales10.7911.02 -2 30.5466.51 -54 OPM %28.926.90 --11.269.59 - PBDT2.490.08 3013 -8.282.13 PL PBT2.11-0.33 LP -9.780.52 PL NP1.64-0.23 LP -6.230.37 PL

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