Nava Bharat Ventures standalone net profit declines 47.28% in the March 2015 quarter

Sales decline 11.03% to Rs 279.73 crore

Net profit of Nava Bharat Ventures declined 47.28% to Rs 24.40 crore in the quarter ended March 2015 as against Rs 46.28 crore during the previous quarter ended March 2014. Sales declined 11.03% to Rs 279.73 crore in the quarter ended March 2015 as against Rs 314.40 crore during the previous quarter ended March 2014.

For the full year,net profit declined 26.22% to Rs 142.47 crore in the year ended March 2015 as against Rs 193.10 crore during the previous year ended March 2014. Sales rose 4.76% to Rs 1152.94 crore in the year ended March 2015 as against Rs 1100.55 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales279.73314.40 -11 1152.941100.55 5 OPM %8.7823.07 -14.4523.01 - PBDT37.7390.32 -58 189.41289.16 -34 PBT25.2762.82 -60 153.13227.58 -33 NP24.4046.28 -47 142.47193.10 -26

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