Setco Automotive net profit rises 73.57% in the March 2014 quarter

Sales rise 4.90% to Rs 109.38 crore

Net profit of Setco Automotive rose 73.57% to Rs 8.80 crore in the quarter ended March 2014 as against Rs 5.07 crore during the previous quarter ended March 2013. Sales rose 4.90% to Rs 109.38 crore in the quarter ended March 2014 as against Rs 104.27 crore during the previous quarter ended March 2013.

For the full year,net profit declined 15.14% to Rs 23.20 crore in the year ended March 2014 as against Rs 27.34 crore during the previous year ended March 2013. Sales declined 3.52% to Rs 328.78 crore in the year ended March 2014 as against Rs 340.78 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales109.38104.27 5 328.78340.78 -4 OPM %8.7810.32 -10.4014.02 - PBDT3.777.21 -48 27.1738.93 -30 PBT0.794.56 -83 16.6629.75 -44 NP8.805.07 74 23.2027.34 -15

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