Jain Irrigation Systems net profit declines 75.80% in the March 2013 quarter

Net profit of Jain Irrigation Systems declined 75.80% to Rs 41.90 crore in the quarter ended March 2013 as against Rs 173.12 crore during the previous quarter ended March 2012. Sales declined 0.20% to Rs 1209.15 crore in the quarter ended March 2013 as against Rs 1211.62 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 88.78% to Rs 30.11 crore in the year ended March 2013 as against Rs 268.29 crore during the previous year ended March 2012. Sales declined 8.19% to Rs 3406.12 crore in the year ended March 2013 as against Rs 3709.86 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales1209.151211.62 0 3406.123709.86 -8 OPM %16.5120.46 -19 16.5920.75 -20 PBDT137.32170.70 -20 168.20373.25 -55 PBT103.42142.98 -28 48.68272.52 -82 NP41.90173.12 -76 30.11268.29 -89

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