Minda Industries standalone net profit declines 83.37% in the March 2015 quarter

Sales rise 16.09% to Rs 347.23 crore

Net profit of Minda Industries declined 83.37% to Rs 2.36 crore in the quarter ended March 2015 as against Rs 14.19 crore during the previous quarter ended March 2014. Sales rose 16.09% to Rs 347.23 crore in the quarter ended March 2015 as against Rs 299.11 crore during the previous quarter ended March 2014.

For the full year,net profit rose 96.17% to Rs 53.20 crore in the year ended March 2015 as against Rs 27.12 crore during the previous year ended March 2014. Sales rose 23.04% to Rs 1347.05 crore in the year ended March 2015 as against Rs 1094.78 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales347.23299.11 16 1347.051094.78 23 OPM %4.5110.38 -8.717.10 - PBDT20.1527.39 -26 123.4073.90 67 PBT4.9115.94 -69 69.6932.17 117 NP2.3614.19 -83 53.2027.12 96

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