Stovec Industries standalone net profit declines 4.86% in the December 2014 quarter

Sales rise 40.16% to Rs 31.55 crore

Net profit of Stovec Industries declined 4.86% to Rs 2.35 crore in the quarter ended December 2014 as against Rs 2.47 crore during the previous quarter ended December 2013. Sales rose 40.16% to Rs 31.55 crore in the quarter ended December 2014 as against Rs 22.51 crore during the previous quarter ended December 2013.

For the full year,net profit rose 4.91% to Rs 11.10 crore in the year ended December 2014 as against Rs 10.58 crore during the previous year ended December 2013. Sales rose 22.44% to Rs 94.11 crore in the year ended December 2014 as against Rs 76.86 crore during the previous year ended December 2013.

ParticularsQuarter EndedYear EndedDec. 2014Dec. 2013% Var.Dec. 2014Dec. 2013% Var.Sales31.5522.51 40 94.1176.86 22 OPM %11.7615.15 -17.0417.21 - PBDT4.384.28 2 19.1216.62 15 PBT3.543.90 -9 16.5115.12 9 NP2.352.47 -5 11.1010.58 5

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