Hind Rectifiers net profit declines 41.63% in the March 2014 quarter

Sales decline 17.37% to Rs 36.26 crore

Net profit of Hind Rectifiers declined 41.63% to Rs 2.37 crore in the quarter ended March 2014 as against Rs 4.06 crore during the previous quarter ended March 2013. Sales declined 17.37% to Rs 36.26 crore in the quarter ended March 2014 as against Rs 43.88 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 4.93 crore in the year ended March 2014 as against net profit of Rs 10.13 crore during the previous year ended March 2013. Sales declined 29.00% to Rs 96.72 crore in the year ended March 2014 as against Rs 136.22 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales36.2643.88 -17 96.72136.22 -29 OPM %3.789.80 --3.6410.39 - PBDT0.844.10 -80 -4.7713.45 PL PBT0.243.49 -93 -7.0611.10 PL NP2.374.06 -42 -4.9310.13 PL

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