M M Forgings net profit rises 14.49% in the March 2014 quarter

Sales rise 14.23% to Rs 107.07 crore

Net profit of M M Forgings rose 14.49% to Rs 7.82 crore in the quarter ended March 2014 as against Rs 6.83 crore during the previous quarter ended March 2013. Sales rose 14.23% to Rs 107.07 crore in the quarter ended March 2014 as against Rs 93.73 crore during the previous quarter ended March 2013.

For the full year,net profit rose 19.92% to Rs 29.32 crore in the year ended March 2014 as against Rs 24.45 crore during the previous year ended March 2013. Sales rose 14.42% to Rs 400.74 crore in the year ended March 2014 as against Rs 350.24 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales107.0793.73 14 400.74350.24 14 OPM %20.7815.12 -19.7016.50 - PBDT21.0912.83 64 72.8351.15 42 PBT11.328.20 38 36.8130.02 23 NP7.826.83 14 29.3224.45 20

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