Sumeet Industries net profit declines 46.67% in the March 2014 quarter

Sales decline 14.59% to Rs 249.69 crore

Net profit of Sumeet Industries declined 46.67% to Rs 2.00 crore in the quarter ended March 2014 as against Rs 3.75 crore during the previous quarter ended March 2013. Sales declined 14.59% to Rs 249.69 crore in the quarter ended March 2014 as against Rs 292.33 crore during the previous quarter ended March 2013.

For the full year,net profit declined 8.04% to Rs 17.62 crore in the year ended March 2014 as against Rs 19.16 crore during the previous year ended March 2013. Sales declined 4.43% to Rs 1108.00 crore in the year ended March 2014 as against Rs 1159.34 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales249.69292.33 -15 1108.001159.34 -4 OPM %12.246.71 -8.827.07 - PBDT14.8111.47 29 51.2048.96 5 PBT5.455.25 4 26.6729.06 -8 NP2.003.75 -47 17.6219.16 -8

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