MMTC net profit rises 1381.00% in the March 2014 quarter

Sales decline 43.07% to Rs 4148.91 crore

Net profit of MMTC rose 1381.00% to Rs 32.73 crore in the quarter ended March 2014 as against Rs 2.21 crore during the previous quarter ended March 2013. Sales declined 43.07% to Rs 4148.91 crore in the quarter ended March 2014 as against Rs 7287.69 crore during the previous quarter ended March 2013.

For the full year,net profit reported to Rs 18.64 crore in the year ended March 2014 as against net loss of Rs 70.62 crore during the previous year ended March 2013. Sales declined 11.76% to Rs 25074.49 crore in the year ended March 2014 as against Rs 28415.62 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales4148.917287.69 -43 25074.4928415.62 -12 OPM %1.12-0.14 -0.420.15 - PBDT136.3126.15 421 260.38141.21 84 PBT132.4323.13 473 247.96129.24 92 NP32.732.21 1381 18.64-70.62 LP

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