Panyam Cements & Mineral Industries reports net profit of Rs 16.83 crore in the March 2014 quarter

Reported sales nil

Net profit of Panyam Cements & Mineral Industries reported to Rs 16.83 crore in the quarter ended March 2014 as against net loss of Rs 7.04 crore during the previous quarter ended March 2013. There were no Sales reported in the quarter ended March 2014 as against Rs 12.33 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 4.26 crore in the year ended March 2014 as against net profit of Rs 17.49 crore during the previous year ended March 2013. Sales declined 53.39% to Rs 47.66 crore in the year ended March 2014 as against Rs 102.26 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales012.33 -100 47.66102.26 -53 OPM %0-47.36 --36.72-4.99 - PBDT-8.67-7.00 -24 -25.85-12.18 -112 PBT-10.23-9.04 -13 -32.47-20.27 -60 NP16.83-7.04 LP -4.2617.49 PL

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