Rico Auto Industries net profit declines 86.49% in the March 2014 quarter

Sales decline 25.70% to Rs 194.52 crore

Net profit of Rico Auto Industries declined 86.49% to Rs 1.17 crore in the quarter ended March 2014 as against Rs 8.66 crore during the previous quarter ended March 2013. Sales declined 25.70% to Rs 194.52 crore in the quarter ended March 2014 as against Rs 261.80 crore during the previous quarter ended March 2013.

For the full year,net profit declined 74.11% to Rs 2.63 crore in the year ended March 2014 as against Rs 10.16 crore during the previous year ended March 2013. Sales declined 12.83% to Rs 901.25 crore in the year ended March 2014 as against Rs 1033.88 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales194.52261.80 -26 901.251033.88 -13 OPM %12.2611.28 -11.339.12 - PBDT19.5827.94 -30 75.4374.15 2 PBT2.137.87 -73 4.109.21 -55 NP1.178.66 -86 2.6310.16 -74

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