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ABC Bearings net profit rises 3822.22% in the March 2014 quarter

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Capital Market

Sales rise 19.09% to Rs 40.24 crore

Net profit of ABC Bearings rose 3822.22% to Rs 3.53 crore in the quarter ended March 2014 as against Rs 0.09 crore during the previous quarter ended March 2013. Sales rose 19.09% to Rs 40.24 crore in the quarter ended March 2014 as against Rs 33.79 crore during the previous quarter ended March 2013.

For the full year,net profit declined 12.64% to Rs 4.63 crore in the year ended March 2014 as against Rs 5.30 crore during the previous year ended March 2013. Sales declined 5.38% to Rs 139.54 crore in the year ended March 2014 as against Rs 147.48 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales40.2433.79 19 139.54147.48 -5 OPM %12.559.32 -12.1513.07 - PBDT3.922.13 84 13.1616.36 -20 PBT1.560.11 1318 3.277.80 -58 NP3.530.09 3822 4.635.30 -13

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First Published: May 09 2014 | 8:07 AM IST

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