Ritesh Properties & Industries reports standalone net profit of Rs 1.25 crore in the March 2015 quarter

Sales decline 30.53% to Rs 1.98 crore

Net profit of Ritesh Properties & Industries reported to Rs 1.25 crore in the quarter ended March 2015 as against net loss of Rs 0.51 crore during the previous quarter ended March 2014. Sales declined 30.53% to Rs 1.98 crore in the quarter ended March 2015 as against Rs 2.85 crore during the previous quarter ended March 2014.

For the full year,net profit declined 3.37% to Rs 2.01 crore in the year ended March 2015 as against Rs 2.08 crore during the previous year ended March 2014. Sales declined 22.12% to Rs 7.78 crore in the year ended March 2015 as against Rs 9.99 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales1.982.85 -31 7.789.99 -22 OPM %-22.73-22.46 -5.142.40 - PBDT0.360.13 177 1.431.30 10 PBT0.250.09 178 1.151.09 6 NP1.25-0.51 LP 2.012.08 -3

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