Patel Engineering net profit declines 85.15% in the December 2013 quarter

Sales decline 10.89% to Rs 512.49 crore

Net profit of Patel Engineering declined 85.15% to Rs 2.46 crore in the quarter ended December 2013 as against Rs 16.57 crore during the previous quarter ended December 2012. Sales declined 10.89% to Rs 512.49 crore in the quarter ended December 2013 as against Rs 575.12 crore during the previous quarter ended December 2012. ParticularsQuarter EndedDec. 2013Dec. 2012% Var.Sales512.49575.12 -11 OPM %12.6519.01 -PBDT16.6737.48 -56 PBT3.6424.53 -85 NP2.4616.57 -85

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