Patels Airtemp (India) net profit declines 22.06% in the March 2014 quarter

Sales decline 52.53% to Rs 17.00 crore

Net profit of Patels Airtemp (India) declined 22.06% to Rs 1.06 crore in the quarter ended March 2014 as against Rs 1.36 crore during the previous quarter ended March 2013. Sales declined 52.53% to Rs 17.00 crore in the quarter ended March 2014 as against Rs 35.81 crore during the previous quarter ended March 2013.

For the full year,net profit declined 5.86% to Rs 4.66 crore in the year ended March 2014 as against Rs 4.95 crore during the previous year ended March 2013. Sales declined 22.23% to Rs 68.39 crore in the year ended March 2014 as against Rs 87.94 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales17.0035.81 -53 68.3987.94 -22 OPM %14.128.35 -14.1212.91 - PBDT2.332.43 -4 8.968.91 1 PBT1.822.05 -11 7.247.38 -2 NP1.061.36 -22 4.664.95 -6

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