Suryalakshmi Cotton Mills net profit declines 86.53% in the March 2014 quarter

Sales rise 30.75% to Rs 218.91 crore

Net profit of Suryalakshmi Cotton Mills declined 86.53% to Rs 0.83 crore in the quarter ended March 2014 as against Rs 6.16 crore during the previous quarter ended March 2013. Sales rose 30.75% to Rs 218.91 crore in the quarter ended March 2014 as against Rs 167.42 crore during the previous quarter ended March 2013.

For the full year,net profit declined 61.44% to Rs 11.71 crore in the year ended March 2014 as against Rs 30.37 crore during the previous year ended March 2013. Sales declined 0.51% to Rs 701.86 crore in the year ended March 2014 as against Rs 705.44 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales218.91167.42 31 701.86705.44 -1 OPM %9.8116.77 -11.3815.17 - PBDT10.9419.21 -43 43.8274.36 -41 PBT1.0311.25 -91 11.7345.26 -74 NP0.836.16 -87 11.7130.37 -61

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