Shanthi Gears net profit declines 76.41% in the March 2013 quarter

Net profit of Shanthi Gears declined 76.41% to Rs 1.92 crore in the quarter ended March 2013 as against Rs 8.14 crore during the previous quarter ended March 2012. Sales declined 25.42% to Rs 36.70 crore in the quarter ended March 2013 as against Rs 49.21 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 45.01% to Rs 15.47 crore in the year ended March 2013 as against Rs 28.13 crore during the previous year ended March 2012. Sales declined 15.48% to Rs 145.65 crore in the year ended March 2013 as against Rs 172.32 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales36.7049.21 -25 145.65172.32 -15 OPM %21.9336.05 -39 29.7237.36 -20 PBDT10.5619.12 -45 50.6468.70 -26 PBT2.5712.22 -79 22.0741.60 -47 NP1.928.14 -76 15.4728.13 -45

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