Pearl Polymers net profit declines 97.95% in the March 2014 quarter

Sales decline 4.02% to Rs 56.53 crore

Net profit of Pearl Polymers declined 97.95% to Rs 0.44 crore in the quarter ended March 2014 as against Rs 21.45 crore during the previous quarter ended March 2013. Sales declined 4.02% to Rs 56.53 crore in the quarter ended March 2014 as against Rs 58.90 crore during the previous quarter ended March 2013.

For the full year,net profit declined 96.20% to Rs 0.54 crore in the year ended March 2014 as against Rs 14.21 crore during the previous year ended March 2013. Sales rose 3.25% to Rs 224.65 crore in the year ended March 2014 as against Rs 217.58 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales56.5358.90 -4 224.65217.58 3 OPM %6.554.02 -6.373.10 - PBDT2.201.36 62 7.741.04 644 PBT0.40-0.95 LP 0.52-7.80 LP NP0.4421.45 -98 0.5414.21 -96

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