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Coral India Finance & Housing net profit declines 82.19% in the March 2014 quarter

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Capital Market

Sales decline 77.16% to Rs 1.64 crore

Net profit of Coral India Finance & Housing declined 82.19% to Rs 0.44 crore in the quarter ended March 2014 as against Rs 2.47 crore during the previous quarter ended March 2013. Sales declined 77.16% to Rs 1.64 crore in the quarter ended March 2014 as against Rs 7.18 crore during the previous quarter ended March 2013.

For the full year,net profit declined 56.20% to Rs 6.68 crore in the year ended March 2014 as against Rs 15.25 crore during the previous year ended March 2013. Sales declined 57.97% to Rs 13.56 crore in the year ended March 2014 as against Rs 32.26 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales1.647.18 -77 13.5632.26 -58 OPM %40.2450.28 -63.2059.42 - PBDT0.653.61 -82 8.5619.17 -55 PBT0.603.56 -83 8.3919.00 -56 NP0.442.47 -82 6.6815.25 -56

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First Published: May 30 2014 | 9:38 AM IST

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