Shiva Global Agro Industries reports net profit of Rs 0.50 crore in the March 2014 quarter

Sales decline 31.99% to Rs 26.07 crore

Net profit of Shiva Global Agro Industries reported to Rs 0.50 crore in the quarter ended March 2014 as against net loss of Rs 0.29 crore during the previous quarter ended March 2013. Sales declined 31.99% to Rs 26.07 crore in the quarter ended March 2014 as against Rs 38.33 crore during the previous quarter ended March 2013.

For the full year,net profit declined 8.29% to Rs 1.66 crore in the year ended March 2014 as against Rs 1.81 crore during the previous year ended March 2013. Sales declined 16.22% to Rs 88.77 crore in the year ended March 2014 as against Rs 105.95 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales26.0738.33 -32 88.77105.95 -16 OPM %12.475.19 -10.319.02 - PBDT1.450.22 559 3.883.79 2 PBT1.040.01 10300 2.762.83 -2 NP0.50-0.29 LP 1.661.81 -8

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