MVL consolidated net profit rises 235.81% in the March 2015 quarter

Sales decline 80.18% to Rs 7.21 crore

Net profit of MVL rose 235.81% to Rs 17.16 crore in the quarter ended March 2015 as against Rs 5.11 crore during the previous quarter ended March 2014. Sales declined 80.18% to Rs 7.21 crore in the quarter ended March 2015 as against Rs 36.38 crore during the previous quarter ended March 2014.

For the full year,net profit declined 91.60% to Rs 0.69 crore in the year ended March 2015 as against Rs 8.21 crore during the previous year ended March 2014. Sales declined 44.37% to Rs 39.09 crore in the year ended March 2015 as against Rs 70.27 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales7.2136.38 -80 39.0970.27 -44 OPM %244.5224.71 -35.3022.07 - PBDT16.86-0.33 LP 1.381.04 33 PBT17.06-0.55 LP 0.690.53 30 NP17.165.11 236 0.698.21 -92

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