NESCO net profit rises 2.34% in the March 2014 quarter

Sales rise 19.76% to Rs 51.63 crore

Net profit of NESCO rose 2.34% to Rs 24.53 crore in the quarter ended March 2014 as against Rs 23.97 crore during the previous quarter ended March 2013. Sales rose 19.76% to Rs 51.63 crore in the quarter ended March 2014 as against Rs 43.11 crore during the previous quarter ended March 2013.

For the full year,net profit declined 0.82% to Rs 81.02 crore in the year ended March 2014 as against Rs 81.69 crore during the previous year ended March 2013. Sales rose 12.30% to Rs 161.11 crore in the year ended March 2014 as against Rs 143.46 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales51.6343.11 20 161.11143.46 12 OPM %60.7866.50 -66.8670.40 - PBDT39.4035.73 10 127.92119.51 7 PBT36.5033.41 9 116.89113.68 3 NP24.5323.97 2 81.0281.69 -1

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