Panyam Cements & Mineral Industries standalone net profit declines 79.44% in the March 2015 quarter

Sales reported at Rs 54.53 crore

Net profit of Panyam Cements & Mineral Industries declined 79.44% to Rs 3.46 crore in the quarter ended March 2015 as against Rs 16.83 crore during the previous quarter ended March 2014. Sales reported to Rs 54.53 crore in the quarter ended March 2015. There were no Sales reported during the previous quarter ended March 2014.

For the full year,net loss reported to Rs 15.16 crore in the year ended March 2015 as against net loss of Rs 4.26 crore during the previous year ended March 2014. Sales rose 86.70% to Rs 88.98 crore in the year ended March 2015 as against Rs 47.66 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales54.530 0 88.9847.66 87 OPM %12.450 --3.00-36.72 - PBDT5.33-8.67 LP -9.23-25.85 64 PBT3.46-10.23 LP -15.16-32.47 53 NP3.4616.83 -79 -15.16-4.26 -256

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