Nava Bharat Ventures net profit declines 13.71% in the March 2014 quarter

Sales rise 7.37% to Rs 314.40 crore

Net profit of Nava Bharat Ventures declined 13.71% to Rs 46.28 crore in the quarter ended March 2014 as against Rs 53.63 crore during the previous quarter ended March 2013. Sales rose 7.37% to Rs 314.40 crore in the quarter ended March 2014 as against Rs 292.82 crore during the previous quarter ended March 2013.

For the full year,net profit declined 18.97% to Rs 193.10 crore in the year ended March 2014 as against Rs 238.31 crore during the previous year ended March 2013. Sales declined 2.10% to Rs 1100.55 crore in the year ended March 2014 as against Rs 1124.20 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales314.40292.82 7 1100.551124.20 -2 OPM %24.4628.02 -23.0126.45 - PBDT90.3295.38 -5 285.98345.39 -17 PBT62.8281.36 -23 224.40297.13 -24 NP46.2853.63 -14 193.10238.31 -19

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