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CMC net profit declines 55.64% in the June 2014 quarter

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Sales rise 15.69% to Rs 314.66 crore

Net profit of CMC declined 55.64% to Rs 41.93 crore in the quarter ended June 2014 as against Rs 94.53 crore during the previous quarter ended June 2013. Sales rose 15.69% to Rs 314.66 crore in the quarter ended June 2014 as against Rs 271.98 crore during the previous quarter ended June 2013. ParticularsQuarter EndedJun. 2014Jun. 2013% Var.Sales314.66271.98 16 OPM %20.8419.37 -PBDT70.38117.94 -40 PBT57.49111.96 -49 NP41.9394.53 -56

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First Published: Jul 23 2014 | 1:50 PM IST

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