India Nippon Electricals net profit declines 43.94% in the March 2014 quarter

Sales rise 9.94% to Rs 73.58 crore

Net profit of India Nippon Electricals declined 43.94% to Rs 4.72 crore in the quarter ended March 2014 as against Rs 8.42 crore during the previous quarter ended March 2013. Sales rose 9.94% to Rs 73.58 crore in the quarter ended March 2014 as against Rs 66.93 crore during the previous quarter ended March 2013.

For the full year,net profit declined 30.70% to Rs 19.66 crore in the year ended March 2014 as against Rs 28.37 crore during the previous year ended March 2013. Sales declined 2.42% to Rs 261.53 crore in the year ended March 2014 as against Rs 268.02 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales73.5866.93 10 261.53268.02 -2 OPM %9.3515.48 -9.3812.51 - PBDT7.9612.44 -36 31.7241.28 -23 PBT6.3410.40 -39 26.1035.15 -26 NP4.728.42 -44 19.6628.37 -31

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