Shivagrico Implements net profit declines 16.67% in the March 2014 quarter

Sales decline 20.81% to Rs 6.85 crore

Net profit of Shivagrico Implements declined 16.67% to Rs 0.10 crore in the quarter ended March 2014 as against Rs 0.12 crore during the previous quarter ended March 2013. Sales declined 20.81% to Rs 6.85 crore in the quarter ended March 2014 as against Rs 8.65 crore during the previous quarter ended March 2013.

For the full year,net profit declined 67.86% to Rs 0.09 crore in the year ended March 2014 as against Rs 0.28 crore during the previous year ended March 2013. Sales declined 13.38% to Rs 26.16 crore in the year ended March 2014 as against Rs 30.20 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales6.858.65 -21 26.1630.20 -13 OPM %7.884.86 -6.505.50 - PBDT0.380.31 23 1.121.06 6 PBT0.130.07 86 0.120.30 -60 NP0.100.12 -17 0.090.28 -68

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