Mohindra Fasteners net profit declines 3.05% in the March 2014 quarter

Sales rise 24.04% to Rs 27.86 crore

Net profit of Mohindra Fasteners declined 3.05% to Rs 1.59 crore in the quarter ended March 2014 as against Rs 1.64 crore during the previous quarter ended March 2013. Sales rose 24.04% to Rs 27.86 crore in the quarter ended March 2014 as against Rs 22.46 crore during the previous quarter ended March 2013.

For the full year,net profit rose 16.31% to Rs 4.35 crore in the year ended March 2014 as against Rs 3.74 crore during the previous year ended March 2013. Sales rose 10.19% to Rs 87.24 crore in the year ended March 2014 as against Rs 79.17 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales27.8622.46 24 87.2479.17 10 OPM %11.3115.32 -12.0613.34 - PBDT3.013.02 0 9.598.44 14 PBT2.192.16 1 6.435.62 14 NP1.591.64 -3 4.353.74 16

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