Techno Electric & Engineering Company net profit declines 96.39% in the March 2013 quarter

Net profit of Techno Electric & Engineering Company declined 96.39% to Rs 0.65 crore in the quarter ended March 2013 as against Rs 18.03 crore during the previous quarter ended March 2012. Sales declined 31.20% to Rs 145.85 crore in the quarter ended March 2013 as against Rs 212.00 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 34.59% to Rs 60.60 crore in the year ended March 2013 as against Rs 92.65 crore during the previous year ended March 2012. Sales declined 24.79% to Rs 550.69 crore in the year ended March 2013 as against Rs 732.20 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales145.85212.00 -31 550.69732.20 -25 OPM %1.7513.80 -87 16.8019.23 -13 PBDT3.3328.36 -88 90.79135.64 -33 PBT-0.4224.59 PL 75.76120.61 -37 NP0.6518.03 -96 60.6092.65 -35

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