Mangalam Timber Products net profit rises 33.82% in the March 2014 quarter

Sales decline 18.64% to Rs 14.40 crore

Net profit of Mangalam Timber Products rose 33.82% to Rs 0.91 crore in the quarter ended March 2014 as against Rs 0.68 crore during the previous quarter ended March 2013. Sales declined 18.64% to Rs 14.40 crore in the quarter ended March 2014 as against Rs 17.70 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 7.62 crore in the year ended March 2014 as against net loss of Rs 3.55 crore during the previous year ended March 2013. Sales declined 30.72% to Rs 55.95 crore in the year ended March 2014 as against Rs 80.76 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales14.4017.70 -19 55.9580.76 -31 OPM %-2.2210.23 --17.460.32 - PBDT2.231.28 74 -8.71-3.65 -139 PBT1.780.85 109 -10.56-5.36 -97 NP0.910.68 34 -7.62-3.55 -115

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