Shree Ganesh Forgings reports net profit of Rs 0.34 crore in the March 2014 quarter

Sales decline 46.34% to Rs 0.22 crore

Net profit of Shree Ganesh Forgings reported to Rs 0.34 crore in the quarter ended March 2014 as against net loss of Rs 18.44 crore during the previous quarter ended March 2013. Sales declined 46.34% to Rs 0.22 crore in the quarter ended March 2014 as against Rs 0.41 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 1.14 crore in the year ended March 2014 as against net loss of Rs 20.23 crore during the previous year ended March 2013. Sales declined 84.65% to Rs 0.33 crore in the year ended March 2014 as against Rs 2.15 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales0.220.41 -46 0.332.15 -85 OPM %-495.45-4043.90 -57.58-804.19 - PBDT0.27-16.58 LP 1.55-17.39 LP PBT-0.44-18.44 98 -1.92-21.02 91 NP0.34-18.44 LP -1.14-20.23 94

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