Kavit Industries reports net profit of Rs 0.01 crore in the March 2014 quarter

Sales decline 59.26% to Rs 0.11 crore

Net profit of Kavit Industries reported to Rs 0.01 crore in the quarter ended March 2014 as against net loss of Rs 0.08 crore during the previous quarter ended March 2013. Sales declined 59.26% to Rs 0.11 crore in the quarter ended March 2014 as against Rs 0.27 crore during the previous quarter ended March 2013.

For the full year,net profit rose 600.00% to Rs 0.07 crore in the year ended March 2014 as against Rs 0.01 crore during the previous year ended March 2013. Sales declined 57.71% to Rs 0.74 crore in the year ended March 2014 as against Rs 1.75 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales0.110.27 -59 0.741.75 -58 OPM %-109.09-33.33 --47.302.29 - PBDT0.07-0.07 LP 0.290.13 123 PBT0.02-0.07 LP 0.080.03 167 NP0.01-0.08 LP 0.070.01 600

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