Mohit Paper Mills net profit rises 1600.00% in the March 2014 quarter

Sales rise 56.54% to Rs 24.67 crore

Net profit of Mohit Paper Mills rose 1600.00% to Rs 0.34 crore in the quarter ended March 2014 as against Rs 0.02 crore during the previous quarter ended March 2013. Sales rose 56.54% to Rs 24.67 crore in the quarter ended March 2014 as against Rs 15.76 crore during the previous quarter ended March 2013.

For the full year,net profit rose 76.67% to Rs 1.06 crore in the year ended March 2014 as against Rs 0.60 crore during the previous year ended March 2013. Sales rose 31.30% to Rs 88.17 crore in the year ended March 2014 as against Rs 67.15 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales24.6715.76 57 88.1767.15 31 OPM %8.551.40 -8.275.96 - PBDT1.17-0.42 LP 4.662.15 117 PBT0.250.33 -24 1.151.04 11 NP0.340.02 1600 1.060.60 77

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