Remi Process Plant & Machinery net profit declines 53.33% in the March 2014 quarter

Sales decline 72.78% to Rs 2.64 crore

Net profit of Remi Process Plant & Machinery declined 53.33% to Rs 0.35 crore in the quarter ended March 2014 as against Rs 0.75 crore during the previous quarter ended March 2013. Sales declined 72.78% to Rs 2.64 crore in the quarter ended March 2014 as against Rs 9.70 crore during the previous quarter ended March 2013.

For the full year,net profit declined 39.44% to Rs 0.86 crore in the year ended March 2014 as against Rs 1.42 crore during the previous year ended March 2013. Sales rose 44.58% to Rs 42.84 crore in the year ended March 2014 as against Rs 29.63 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales2.649.70 -73 42.8429.63 45 OPM %-2.6510.62 -3.435.10 - PBDT0.521.26 -59 2.412.57 -6 PBT0.391.12 -65 1.882.05 -8 NP0.350.75 -53 0.861.42 -39

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