Maithan Alloys net profit rises 387.83% in the March 2014 quarter

Sales decline 5.16% to Rs 209.64 crore

Net profit of Maithan Alloys rose 387.83% to Rs 12.83 crore in the quarter ended March 2014 as against Rs 2.63 crore during the previous quarter ended March 2013. Sales declined 5.16% to Rs 209.64 crore in the quarter ended March 2014 as against Rs 221.05 crore during the previous quarter ended March 2013.

For the full year,net profit declined 47.41% to Rs 22.98 crore in the year ended March 2014 as against Rs 43.70 crore during the previous year ended March 2013. Sales declined 5.34% to Rs 809.11 crore in the year ended March 2014 as against Rs 854.71 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales209.64221.05 -5 809.11854.71 -5 OPM %8.873.16 -4.707.26 - PBDT18.036.75 167 35.2260.96 -42 PBT16.565.39 207 29.4054.42 -46 NP12.832.63 388 22.9843.70 -47

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