Modern Shares & Stockbrokers net profit declines 15.79% in the March 2014 quarter

Sales decline 21.88% to Rs 0.50 crore

Net profit of Modern Shares & Stockbrokers declined 15.79% to Rs 0.16 crore in the quarter ended March 2014 as against Rs 0.19 crore during the previous quarter ended March 2013. Sales declined 21.88% to Rs 0.50 crore in the quarter ended March 2014 as against Rs 0.64 crore during the previous quarter ended March 2013.

For the full year,net profit declined 70.45% to Rs 0.13 crore in the year ended March 2014 as against Rs 0.44 crore during the previous year ended March 2013. Sales declined 13.50% to Rs 1.73 crore in the year ended March 2014 as against Rs 2.00 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales0.500.64 -22 1.732.00 -14 OPM %46.0050.00 -14.4537.00 - PBDT0.230.32 -28 0.240.73 -67 PBT0.220.30 -27 0.180.65 -72 NP0.160.19 -16 0.130.44 -70

Powered by Capital Market - Live News