Manjeera Constructions net profit declines 57.43% in the March 2014 quarter

Sales decline 35.95% to Rs 11.60 crore

Net profit of Manjeera Constructions declined 57.43% to Rs 0.63 crore in the quarter ended March 2014 as against Rs 1.48 crore during the previous quarter ended March 2013. Sales declined 35.95% to Rs 11.60 crore in the quarter ended March 2014 as against Rs 18.11 crore during the previous quarter ended March 2013.

For the full year,net profit declined 27.63% to Rs 3.85 crore in the year ended March 2014 as against Rs 5.32 crore during the previous year ended March 2013. Sales declined 44.41% to Rs 51.81 crore in the year ended March 2014 as against Rs 93.20 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales11.6018.11 -36 51.8193.20 -44 OPM %014.08 -1.294.17 - PBDT0.583.00 -81 5.929.37 -37 PBT0.422.83 -85 5.328.64 -38 NP0.631.48 -57 3.855.32 -28

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