Shree Steel Wire Ropes reports net profit of Rs 0.23 crore in the March 2014 quarter

Sales rise 58.24% to Rs 2.69 crore

Net profit of Shree Steel Wire Ropes reported to Rs 0.23 crore in the quarter ended March 2014 as against net loss of Rs 0.50 crore during the previous quarter ended March 2013. Sales rose 58.24% to Rs 2.69 crore in the quarter ended March 2014 as against Rs 1.70 crore during the previous quarter ended March 2013.

For the full year,net profit rose 233.33% to Rs 1.00 crore in the year ended March 2014 as against Rs 0.30 crore during the previous year ended March 2013. Sales rose 34.59% to Rs 9.26 crore in the year ended March 2014 as against Rs 6.88 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales2.691.70 58 9.266.88 35 OPM %9.67-14.71 -14.1511.77 - PBDT0.26-0.25 LP 1.300.81 60 PBT0.37-0.33 LP 1.140.47 143 NP0.23-0.50 LP 1.000.30 233

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