Lippi Systems net profit declines 85.71% in the March 2014 quarter

Sales rise 142.74% to Rs 8.69 crore

Net profit of Lippi Systems declined 85.71% to Rs 0.02 crore in the quarter ended March 2014 as against Rs 0.14 crore during the previous quarter ended March 2013. Sales rose 142.74% to Rs 8.69 crore in the quarter ended March 2014 as against Rs 3.58 crore during the previous quarter ended March 2013.

For the full year,net profit declined 39.47% to Rs 0.23 crore in the year ended March 2014 as against Rs 0.38 crore during the previous year ended March 2013. Sales rose 105.28% to Rs 28.39 crore in the year ended March 2014 as against Rs 13.83 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales8.693.58 143 28.3913.83 105 OPM %5.876.42 -8.8817.06 - PBDT0.350.13 169 1.791.81 -1 PBT-0.060.12 PL 0.350.57 -39 NP0.020.14 -86 0.230.38 -39

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