Summit Securities net profit declines 25.34% in the March 2014 quarter

Sales rise 12.87% to Rs 1.93 crore

Net profit of Summit Securities declined 25.34% to Rs 1.65 crore in the quarter ended March 2014 as against Rs 2.21 crore during the previous quarter ended March 2013. Sales rose 12.87% to Rs 1.93 crore in the quarter ended March 2014 as against Rs 1.71 crore during the previous quarter ended March 2013.

For the full year,net profit declined 38.80% to Rs 5.00 crore in the year ended March 2014 as against Rs 8.17 crore during the previous year ended March 2013. Sales declined 29.21% to Rs 6.18 crore in the year ended March 2014 as against Rs 8.73 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales1.931.71 13 6.188.73 -29 OPM %88.0886.55 -87.5485.22 - PBDT1.704.20 -60 5.4310.16 -47 PBT1.704.20 -60 5.4310.16 -47 NP1.652.21 -25 5.008.17 -39

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