Investment & Precision Castings standalone net profit declines 46.67% in the March 2015 quarter

Sales decline 11.80% to Rs 18.31 crore

Net profit of Investment & Precision Castings declined 46.67% to Rs 0.40 crore in the quarter ended March 2015 as against Rs 0.75 crore during the previous quarter ended March 2014. Sales declined 11.80% to Rs 18.31 crore in the quarter ended March 2015 as against Rs 20.76 crore during the previous quarter ended March 2014.

For the full year,net profit rose 35.22% to Rs 2.15 crore in the year ended March 2015 as against Rs 1.59 crore during the previous year ended March 2014. Sales rose 7.20% to Rs 74.26 crore in the year ended March 2015 as against Rs 69.27 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales18.3120.76 -12 74.2669.27 7 OPM %13.8716.28 -14.4816.14 - PBDT1.732.20 -21 7.376.90 7 PBT0.641.03 -38 3.092.30 34 NP0.400.75 -47 2.151.59 35

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