MVL standalone net profit rises 235.16% in the March 2015 quarter

Sales decline 80.18% to Rs 7.21 crore

Net profit of MVL rose 235.16% to Rs 17.16 crore in the quarter ended March 2015 as against Rs 5.12 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 93.30% to Rs 0.55 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 %246.0524.77 -35.3322.06 - PBDT16.97-0.31 LP 1.251.04 20 PBT17.16-0.54 LP 0.560.53 6 NP17.165.12 235 0.558.21 -93

Powered by Capital Market - Live News