Vax Housing Finance Corporation net profit rises 7.69% in the March 2014 quarter

Sales decline 0.44% to Rs 2.26 crore

Net profit of Vax Housing Finance Corporation rose 7.69% to Rs 0.14 crore in the quarter ended March 2014 as against Rs 0.13 crore during the previous quarter ended March 2013. Sales declined 0.44% to Rs 2.26 crore in the quarter ended March 2014 as against Rs 2.27 crore during the previous quarter ended March 2013.

For the full year,net profit declined 7.14% to Rs 0.13 crore in the year ended March 2014 as against Rs 0.14 crore during the previous year ended March 2013. Sales rose 0.42% to Rs 7.20 crore in the year ended March 2014 as against Rs 7.17 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales2.262.27 0 7.207.17 0 OPM %1.770.88 -2.502.51 - PBDT0.140.13 8 0.180.21 -14 PBT0.140.13 8 0.130.17 -24 NP0.140.13 8 0.130.14 -7

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