Kaveri Seed Company standalone net profit declines 5.71% in the March 2015 quarter

Sales decline 24.25% to Rs 29.17 crore

Net profit of Kaveri Seed Company declined 5.71% to Rs 2.31 crore in the quarter ended March 2015 as against Rs 2.45 crore during the previous quarter ended March 2014. Sales declined 24.25% to Rs 29.17 crore in the quarter ended March 2015 as against Rs 38.51 crore during the previous quarter ended March 2014.

For the full year,net profit rose 43.35% to Rs 301.84 crore in the year ended March 2015 as against Rs 210.56 crore during the previous year ended March 2014. Sales rose 11.28% to Rs 1115.52 crore in the year ended March 2015 as against Rs 1002.41 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales29.1738.51 -24 1115.521002.41 11 OPM %24.2715.81 -27.4821.97 - PBDT11.987.65 57 322.05229.74 40 PBT5.243.75 40 309.77215.37 44 NP2.312.45 -6 301.84210.56 43

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