Precot Meridian net profit declines 59.93% in the December 2013 quarter

Sales rise 5.88% to Rs 176.83 crore

Net profit of Precot Meridian declined 59.93% to Rs 1.09 crore in the quarter ended December 2013 as against Rs 2.72 crore during the previous quarter ended December 2012. Sales rose 5.88% to Rs 176.83 crore in the quarter ended December 2013 as against Rs 167.01 crore during the previous quarter ended December 2012. ParticularsQuarter EndedDec. 2013Dec. 2012% Var.Sales176.83167.01 6 OPM %9.799.97 -PBDT9.2111.69 -21 PBT-1.534.09 PL NP1.092.72 -60

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