Mid India Industries net profit rises 400.00% in the March 2014 quarter

Sales decline 19.03% to Rs 10.68 crore

Net profit of Mid India Industries rose 400.00% to Rs 0.05 crore in the quarter ended March 2014 as against Rs 0.01 crore during the previous quarter ended March 2013. Sales declined 19.03% to Rs 10.68 crore in the quarter ended March 2014 as against Rs 13.19 crore during the previous quarter ended March 2013.

For the full year,net profit remain constant at Rs 0.16 crore in the year ended March 2014 and also during the previous year ended March 2013. Sales declined 10.23% to Rs 37.38 crore in the year ended March 2014 as against Rs 41.64 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales10.6813.19 -19 37.3841.64 -10 OPM %3.37-1.90 -1.871.10 - PBDT0.120.08 50 0.470.49 -4 PBT0.060.01 500 0.200.20 0 NP0.050.01 400 0.160.16 0

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