Rane (Madras) net profit rises 5.81% in the March 2014 quarter

Sales rise 41.99% to Rs 239.37 crore

Net profit of Rane (Madras) rose 5.81% to Rs 8.56 crore in the quarter ended March 2014 as against Rs 8.09 crore during the previous quarter ended March 2013. Sales rose 41.99% to Rs 239.37 crore in the quarter ended March 2014 as against Rs 168.58 crore during the previous quarter ended March 2013.

For the full year,net profit declined 28.35% to Rs 16.78 crore in the year ended March 2014 as against Rs 23.42 crore during the previous year ended March 2013. Sales rose 13.69% to Rs 709.75 crore in the year ended March 2014 as against Rs 624.27 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales239.37168.58 42 709.75624.27 14 OPM %12.0810.13 -9.629.03 - PBDT22.4115.35 46 54.2446.87 16 PBT10.1810.30 -1 29.1130.06 -3 NP8.568.09 6 16.7823.42 -28

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