Nagpur Power & Industries net profit declines 99.53% in the March 2014 quarter

Sales decline 17.86% to Rs 0.23 crore

Net profit of Nagpur Power & Industries declined 99.53% to Rs 0.01 crore in the quarter ended March 2014 as against Rs 2.12 crore during the previous quarter ended March 2013. Sales declined 17.86% to Rs 0.23 crore in the quarter ended March 2014 as against Rs 0.28 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 0.84 crore in the year ended March 2014 as against net profit of Rs 4.32 crore during the previous year ended March 2013. Sales declined 4.35% to Rs 1.54 crore in the year ended March 2014 as against Rs 1.61 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales0.230.28 -18 1.541.61 -4 OPM %-273.91-332.14 --129.22-139.13 - PBDT0.082.19 -96 -0.554.61 PL PBT0.012.12 -100 -0.844.32 PL NP0.012.12 -100 -0.844.32 PL

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