Pitti Laminations net profit declines 37.97% in the March 2014 quarter

Sales decline 7.23% to Rs 66.10 crore

Net profit of Pitti Laminations declined 37.97% to Rs 1.96 crore in the quarter ended March 2014 as against Rs 3.16 crore during the previous quarter ended March 2013. Sales declined 7.23% to Rs 66.10 crore in the quarter ended March 2014 as against Rs 71.25 crore during the previous quarter ended March 2013.

For the full year,net profit declined 57.26% to Rs 4.21 crore in the year ended March 2014 as against Rs 9.85 crore during the previous year ended March 2013. Sales declined 20.78% to Rs 243.42 crore in the year ended March 2014 as against Rs 307.29 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales66.1071.25 -7 243.42307.29 -21 OPM %9.2311.30 -13.4413.29 - PBDT5.397.47 -28 15.5324.23 -36 PBT3.185.28 -40 6.7815.86 -57 NP1.963.16 -38 4.219.85 -57

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