Technofab Engineering net profit declines 87.57% in the March 2014 quarter

Sales rise 20.91% to Rs 166.98 crore

Net profit of Technofab Engineering declined 87.57% to Rs 1.63 crore in the quarter ended March 2014 as against Rs 13.11 crore during the previous quarter ended March 2013. Sales rose 20.91% to Rs 166.98 crore in the quarter ended March 2014 as against Rs 138.10 crore during the previous quarter ended March 2013.

For the full year,net profit declined 78.76% to Rs 6.91 crore in the year ended March 2014 as against Rs 32.53 crore during the previous year ended March 2013. Sales declined 4.45% to Rs 406.31 crore in the year ended March 2014 as against Rs 425.24 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales166.98138.10 21 406.31425.24 -4 OPM %4.7715.26 -6.1513.20 - PBDT5.3619.83 -73 17.1250.73 -66 PBT4.0917.98 -77 10.8147.18 -77 NP1.6313.11 -88 6.9132.53 -79

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