Phillips Carbon Black net profit declines 58.91% in the March 2014 quarter

Sales rise 11.08% to Rs 593.77 crore

Net profit of Phillips Carbon Black declined 58.91% to Rs 2.03 crore in the quarter ended March 2014 as against Rs 4.94 crore during the previous quarter ended March 2013. Sales rose 11.08% to Rs 593.77 crore in the quarter ended March 2014 as against Rs 534.53 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 86.60 crore in the year ended March 2014 as against net loss of Rs 20.65 crore during the previous year ended March 2013. Sales declined 0.20% to Rs 2276.10 crore in the year ended March 2014 as against Rs 2280.72 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales593.77534.53 11 2276.102280.72 0 OPM %5.385.53 -1.123.23 - PBDT15.3414.08 9 -34.1710.75 PL PBT1.931.46 32 -87.91-40.04 -120 NP2.034.94 -59 -86.60-20.65 -319

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