Precision Wires India net profit declines 47.99% in the March 2014 quarter

Sales rise 0.13% to Rs 248.53 crore

Net profit of Precision Wires India declined 47.99% to Rs 1.55 crore in the quarter ended March 2014 as against Rs 2.98 crore during the previous quarter ended March 2013. Sales rose 0.13% to Rs 248.53 crore in the quarter ended March 2014 as against Rs 248.20 crore during the previous quarter ended March 2013.

For the full year,net profit declined 9.47% to Rs 14.44 crore in the year ended March 2014 as against Rs 15.95 crore during the previous year ended March 2013. Sales rose 0.60% to Rs 981.69 crore in the year ended March 2014 as against Rs 975.83 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales248.53248.20 0 981.69975.83 1 OPM %2.713.23 -3.744.16 - PBDT6.237.32 -15 34.8736.44 -4 PBT3.364.24 -21 23.0623.87 -3 NP1.552.98 -48 14.4415.95 -9

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