Midland Rubber & Produce Co standalone net profit declines 2.76% in the September 2014 quarter

Sales decline 8.00% to Rs 6.90 crore

Net profit of Midland Rubber & Produce Co declined 2.76% to Rs 1.41 crore in the quarter ended September 2014 as against Rs 1.45 crore during the previous quarter ended September 2013. Sales declined 8.00% to Rs 6.90 crore in the quarter ended September 2014 as against Rs 7.50 crore during the previous quarter ended September 2013. ParticularsQuarter EndedSep. 2014Sep. 2013% Var.Sales6.907.50 -8 OPM %-13.77-1.87 -PBDT1.741.71 2 PBT1.411.42 -1 NP1.411.45 -3

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