Magna Eletrocasting net profit rises 106.06% in the March 2014 quarter

Sales rise 22.45% to Rs 20.07 crore

Net profit of Magna Eletrocasting rose 106.06% to Rs 0.68 crore in the quarter ended March 2014 as against Rs 0.33 crore during the previous quarter ended March 2013. Sales rose 22.45% to Rs 20.07 crore in the quarter ended March 2014 as against Rs 16.39 crore during the previous quarter ended March 2013.

For the full year,net profit declined 12.00% to Rs 4.62 crore in the year ended March 2014 as against Rs 5.25 crore during the previous year ended March 2013. Sales declined 12.67% to Rs 74.44 crore in the year ended March 2014 as against Rs 85.24 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales20.0716.39 22 74.4485.24 -13 OPM %13.505.61 -19.4515.98 - PBDT2.730.86 217 12.6712.20 4 PBT1.02-0.38 LP 5.716.04 -5 NP0.680.33 106 4.625.25 -12

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