Puneet Resins net profit rises 29.09% in the March 2014 quarter

Sales decline 19.03% to Rs 8.51 crore

Net profit of Puneet Resins rose 29.09% to Rs 0.71 crore in the quarter ended March 2014 as against Rs 0.55 crore during the previous quarter ended March 2013. Sales declined 19.03% to Rs 8.51 crore in the quarter ended March 2014 as against Rs 10.51 crore during the previous quarter ended March 2013.

For the full year,net profit declined 11.50% to Rs 2.00 crore in the year ended March 2014 as against Rs 2.26 crore during the previous year ended March 2013. Sales declined 19.24% to Rs 35.55 crore in the year ended March 2014 as against Rs 44.02 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales8.5110.51 -19 35.5544.02 -19 OPM %10.229.13 -7.098.45 - PBDT1.020.95 7 3.123.80 -18 PBT0.930.87 7 2.783.46 -20 NP0.710.55 29 2.002.26 -12

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