V B Desai Financial Services standalone net profit declines 93.88% in the March 2014 quarter

Sales rise 126.67% to Rs 0.34 crore

Net profit of V B Desai Financial Services declined 93.88% to Rs 0.06 crore in the quarter ended March 2014 as against Rs 0.98 crore during the previous quarter ended March 2013. Sales rose 126.67% to Rs 0.34 crore in the quarter ended March 2014 as against Rs 0.15 crore during the previous quarter ended March 2013.

For the full year,net profit declined 95.56% to Rs 0.06 crore in the year ended March 2014 as against Rs 1.35 crore during the previous year ended March 2013. Sales rose 52.63% to Rs 0.87 crore in the year ended March 2014 as against Rs 0.57 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales0.340.15 127 0.870.57 53 OPM %2.94-66.67 -1.15-22.81 - PBDT-0.110.25 PL -0.100.80 PL PBT-0.120.24 PL -0.120.78 PL NP0.060.98 -94 0.061.35 -96

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