Singer India net profit declines 84.86% in the March 2014 quarter

Sales rise 19.22% to Rs 64.02 crore

Net profit of Singer India declined 84.86% to Rs 1.36 crore in the quarter ended March 2014 as against Rs 8.98 crore during the previous quarter ended March 2013. Sales rose 19.22% to Rs 64.02 crore in the quarter ended March 2014 as against Rs 53.70 crore during the previous quarter ended March 2013. ParticularsQuarter EndedMar. 2014Mar. 2013% Var.Sales64.0253.70 19 OPM %3.065.20 -PBDT2.143.03 -29 PBT1.982.87 -31 NP1.368.98 -85

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