Investment & Precision Castings net profit rises 50.60% in the March 2013 quarter

Net profit of Investment & Precision Castings rose 50.60% to Rs 1.25 crore in the quarter ended March 2013 as against Rs 0.83 crore during the previous quarter ended March 2012. Sales declined 21.35% to Rs 17.24 crore in the quarter ended March 2013 as against Rs 21.92 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 85.81% to Rs 0.42 crore in the year ended March 2013 as against Rs 2.96 crore during the previous year ended March 2012. Sales declined 16.54% to Rs 65.98 crore in the year ended March 2013 as against Rs 79.06 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales17.2421.92 -21 65.9879.06 -17 OPM %24.3017.24 41 15.4716.32 -5 PBDT3.022.67 13 5.459.14 -40 PBT1.731.39 24 0.474.31 -89 NP1.250.83 51 0.422.96 -86

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