Riga Sugar Company net profit declines 59.62% in the March 2013 quarter
Capital MarketNet profit of Riga Sugar Company declined 59.62% to Rs 4.64 crore in the quarter ended March 2013 as against Rs 11.49 crore during the previous quarter ended March 2012. Sales declined 11.97% to Rs 33.89 crore in the quarter ended March 2013 as against Rs 38.50 crore during the previous quarter ended March 2012.
For the Audited full year,net loss reported to Rs 3.21 crore in the year ended March 2013 as against net loss of Rs 4.69 crore during the previous year ended March 2012. Sales rose 33.85% to Rs 195.21 crore in the year ended March 2013 as against Rs 145.84 crore during the previous year ended March 2012.
ParticularsQuarter EndedYear Ended Mar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales33.8938.50
-12 195.21145.84
34 OPM %28.0047.61
-41 10.0311.29
-11 PBDT6.8613.56
-49 4.201.38
204 PBT5.2510.94
-52 -2.60-5.24
50 NP4.6411.49
-60 -3.21-4.69
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