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Aarvee Denims & Exports net profit rises 268.01% in the March 2013 quarter

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Capital Market
Net profit of Aarvee Denims & Exports rose 268.01% to Rs 11.85 crore in the quarter ended March 2013 as against Rs 3.22 crore during the previous quarter ended March 2012. Sales declined 2.49% to Rs 177.82 crore in the quarter ended March 2013 as against Rs 182.37 crore during the previous quarter ended March 2012.

For the Audited full year,net profit rose 220.88% to Rs 45.02 crore in the year ended March 2013 as against Rs 14.03 crore during the previous year ended March 2012. Sales rose 9.34% to Rs 707.34 crore in the year ended March 2013 as against Rs 646.89 crore during the previous year ended March 2012.

 
ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales177.82182.37 -2 707.34646.89 9 OPM %17.2415.79 9 17.3312.92 34 PBDT21.8016.74 30 86.9047.88 81 PBT14.0310.17 38 55.9422.19 152 NP11.853.22 268 45.0214.03 221

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First Published: May 30 2013 | 6:58 PM IST

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