Stovec Industries net profit rises 89.81% in the March 2013 quarter

Sales rise 0.24% to Rs 16.82 crore

Net profit of Stovec Industries rose 89.81% to Rs 2.05 crore in the quarter ended March 2013 as against Rs 1.08 crore during the previous quarter ended March 2012. Sales rose 0.24% to Rs 16.82 crore in the quarter ended March 2013 as against Rs 16.78 crore during the previous quarter ended March 2012. ParticularsQuarter EndedMar. 2013Mar. 2012% Var.Sales16.8216.78 0 OPM %14.397.81 84 PBDT3.372.02 67 PBT2.991.55 93 NP2.051.08 90

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