Hitech Plast net profit rises 46.15% in the March 2014 quarter

Sales rise 9.75% to Rs 69.67 crore

Net profit of Hitech Plast rose 46.15% to Rs 1.33 crore in the quarter ended March 2014 as against Rs 0.91 crore during the previous quarter ended March 2013. Sales rose 9.75% to Rs 69.67 crore in the quarter ended March 2014 as against Rs 63.48 crore during the previous quarter ended March 2013.

For the full year,net profit declined 46.72% to Rs 3.74 crore in the year ended March 2014 as against Rs 7.02 crore during the previous year ended March 2013. Sales rose 6.09% to Rs 269.69 crore in the year ended March 2014 as against Rs 254.22 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales69.6763.48 10 269.69254.22 6 OPM %11.029.59 -10.7311.45 - PBDT4.383.14 39 15.4616.61 -7 PBT1.931.13 71 5.578.51 -35 NP1.330.91 46 3.747.02 -47

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