Minaxi Textiles net profit declines 80.77% in the March 2014 quarter

Sales rise 26.88% to Rs 13.83 crore

Net profit of Minaxi Textiles declined 80.77% to Rs 0.05 crore in the quarter ended March 2014 as against Rs 0.26 crore during the previous quarter ended March 2013. Sales rose 26.88% to Rs 13.83 crore in the quarter ended March 2014 as against Rs 10.90 crore during the previous quarter ended March 2013.

For the full year,net profit rose 2.56% to Rs 1.20 crore in the year ended March 2014 as against Rs 1.17 crore during the previous year ended March 2013. Sales rose 40.26% to Rs 51.04 crore in the year ended March 2014 as against Rs 36.39 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales13.8310.90 27 51.0436.39 40 OPM %3.6210.09 -9.0111.40 - PBDT0.310.75 -59 2.722.49 9 PBT00.53 -100 1.581.64 -4 NP0.050.26 -81 1.201.17 3

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