Hitech Plast net profit declines 41.29% in the March 2013 quarter

Sales rise 19.28% to Rs 63.48 crore

Net profit of Hitech Plast declined 41.29% to Rs 0.91 crore in the quarter ended March 2013 as against Rs 1.55 crore during the previous quarter ended March 2012. Sales rose 19.28% to Rs 63.48 crore in the quarter ended March 2013 as against Rs 53.22 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 36.07% to Rs 7.02 crore in the year ended March 2013 as against Rs 10.98 crore during the previous year ended March 2012. Sales rose 10.14% to Rs 254.20 crore in the year ended March 2013 as against Rs 230.80 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales63.4853.22 19 254.20230.80 10 OPM %9.5910.86 -12 11.4414.16 -19 PBDT3.143.34 -6 16.6021.39 -22 PBT1.131.56 -28 8.5014.60 -42 NP0.911.55 -41 7.0210.98 -36

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