Minda Industries net profit rises 70.14% in the March 2014 quarter

Sales rise 10.10% to Rs 299.11 crore

Net profit of Minda Industries rose 70.14% to Rs 14.19 crore in the quarter ended March 2014 as against Rs 8.34 crore during the previous quarter ended March 2013. Sales rose 10.10% to Rs 299.11 crore in the quarter ended March 2014 as against Rs 271.66 crore during the previous quarter ended March 2013.

For the full year,net profit declined 10.52% to Rs 27.12 crore in the year ended March 2014 as against Rs 30.31 crore during the previous year ended March 2013. Sales rose 4.79% to Rs 1094.78 crore in the year ended March 2014 as against Rs 1044.75 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales299.11271.66 10 1094.781044.75 5 OPM %9.8810.42 -6.968.35 - PBDT27.3925.07 9 73.9082.36 -10 PBT15.9413.61 17 32.1741.43 -22 NP14.198.34 70 27.1230.31 -11

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