Precot Meridian standalone net profit declines 91.07% in the March 2015 quarter

Sales decline 6.87% to Rs 177.23 crore

Net profit of Precot Meridian declined 91.07% to Rs 0.41 crore in the quarter ended March 2015 as against Rs 4.59 crore during the previous quarter ended March 2014. Sales declined 6.87% to Rs 177.23 crore in the quarter ended March 2015 as against Rs 190.30 crore during the previous quarter ended March 2014.

For the full year,net loss reported to Rs 32.64 crore in the year ended March 2015 as against net profit of Rs 30.45 crore during the previous year ended March 2014. Sales declined 0.95% to Rs 714.93 crore in the year ended March 2015 as against Rs 721.82 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales177.23190.30 -7 714.93721.82 -1 OPM %3.366.65 -2.9211.20 - PBDT4.475.47 -18 -10.2652.70 PL PBT-4.70-5.26 11 -47.1813.25 PL NP0.414.59 -91 -32.6430.45 PL

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