Shivam Autotech net profit declines 50.26% in the March 2014 quarter

Sales rise 3.54% to Rs 99.43 crore

Net profit of Shivam Autotech declined 50.26% to Rs 5.68 crore in the quarter ended March 2014 as against Rs 11.42 crore during the previous quarter ended March 2013. Sales rose 3.54% to Rs 99.43 crore in the quarter ended March 2014 as against Rs 96.03 crore during the previous quarter ended March 2013.

For the full year,net profit rose 0.78% to Rs 28.43 crore in the year ended March 2014 as against Rs 28.21 crore during the previous year ended March 2013. Sales rose 7.14% to Rs 388.80 crore in the year ended March 2014 as against Rs 362.88 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales99.4396.03 4 388.80362.88 7 OPM %19.5422.16 -20.6124.04 - PBDT14.5815.76 -7 59.8662.51 -4 PBT7.058.12 -13 28.9531.74 -9 NP5.6811.42 -50 28.4328.21 1

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