Paragon Finance net profit declines 76.92% in the March 2014 quarter

Sales decline 18.10% to Rs 0.95 crore

Net profit of Paragon Finance declined 76.92% to Rs 0.03 crore in the quarter ended March 2014 as against Rs 0.13 crore during the previous quarter ended March 2013. Sales declined 18.10% to Rs 0.95 crore in the quarter ended March 2014 as against Rs 1.16 crore during the previous quarter ended March 2013.

For the full year,net profit declined 31.52% to Rs 0.63 crore in the year ended March 2014 as against Rs 0.92 crore during the previous year ended March 2013. Sales declined 2.49% to Rs 5.10 crore in the year ended March 2014 as against Rs 5.23 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales0.951.16 -18 5.105.23 -2 OPM %28.4250.86 -49.8057.17 - PBDT0.090.23 -61 1.041.31 -21 PBT0.040.20 -80 0.851.20 -29 NP0.030.13 -77 0.630.92 -32

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