Rana Sugars net profit rises 1038.40% in the March 2014 quarter

Sales decline 5.82% to Rs 320.41 crore

Net profit of Rana Sugars rose 1038.40% to Rs 28.46 crore in the quarter ended March 2014 as against Rs 2.50 crore during the previous quarter ended March 2013. Sales declined 5.82% to Rs 320.41 crore in the quarter ended March 2014 as against Rs 340.22 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 23.94 crore in the year ended March 2014 as against net profit of Rs 5.41 crore during the previous year ended March 2013. Sales declined 9.07% to Rs 639.03 crore in the year ended March 2014 as against Rs 702.76 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales320.41340.22 -6 639.03702.76 -9 OPM %18.5814.21 -13.0615.86 - PBDT38.5923.33 65 3.8238.97 -90 PBT22.990.78 2847 -29.346.05 PL NP28.462.50 1038 -23.945.41 PL

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