Wheels India net profit rises 64.11% in the March 2014 quarter

Sales rise 4.38% to Rs 445.12 crore

Net profit of Wheels India rose 64.11% to Rs 8.78 crore in the quarter ended March 2014 as against Rs 5.35 crore during the previous quarter ended March 2013. Sales rose 4.38% to Rs 445.12 crore in the quarter ended March 2014 as against Rs 426.45 crore during the previous quarter ended March 2013.

For the full year,net profit declined 10.88% to Rs 28.41 crore in the year ended March 2014 as against Rs 31.88 crore during the previous year ended March 2013. Sales declined 4.61% to Rs 1669.41 crore in the year ended March 2014 as against Rs 1750.16 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales445.12426.45 4 1669.411750.16 -5 OPM %8.567.32 -8.848.62 - PBDT23.9021.28 12 94.2098.14 -4 PBT10.238.38 22 38.8644.55 -13 NP8.785.35 64 28.4131.88 -11

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