KND Engineering Technologies net profit declines 80.77% in the March 2014 quarter

Sales decline 17.19% to Rs 27.08 crore

Net profit of KND Engineering Technologies declined 80.77% to Rs 0.40 crore in the quarter ended March 2014 as against Rs 2.08 crore during the previous quarter ended March 2013. Sales declined 17.19% to Rs 27.08 crore in the quarter ended March 2014 as against Rs 32.70 crore during the previous quarter ended March 2013.

For the full year,net profit declined 61.74% to Rs 1.19 crore in the year ended March 2014 as against Rs 3.11 crore during the previous year ended March 2013. Sales declined 11.91% to Rs 69.29 crore in the year ended March 2014 as against Rs 78.66 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales27.0832.70 -17 69.2978.66 -12 OPM %13.709.17 -10.659.53 - PBDT2.772.63 5 5.885.69 3 PBT1.431.69 -15 2.222.72 -18 NP0.402.08 -81 1.193.11 -62

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