Ritesh Properties & Industries net profit declines 78.53% in the March 2013 quarter

Sales decline 62.46% to Rs 2.53 crore

Net profit of Ritesh Properties & Industries declined 78.53% to Rs 0.35 crore in the quarter ended March 2013 as against Rs 1.63 crore during the previous quarter ended March 2012. Sales declined 62.46% to Rs 2.53 crore in the quarter ended March 2013 as against Rs 6.74 crore during the previous quarter ended March 2012.

For the Audited full year,net profit rose 114.29% to Rs 0.75 crore in the year ended March 2013 as against Rs 0.35 crore during the previous year ended March 2012. Sales declined 24.59% to Rs 7.39 crore in the year ended March 2013 as against Rs 9.80 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales2.536.74 -62 7.399.80 -25 OPM %10.6726.11 -59 13.677.14 91 PBDT0.502.06 -76 1.191.32 -10 PBT0.432.00 -79 0.920.43 114 NP0.351.63 -79 0.750.35 114

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