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Elecon Engineering Company net profit declines 53.24% in the March 2013 quarter

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Capital Market

Sales decline 58.94% to Rs 180.27 crore

Net profit of Elecon Engineering Company declined 53.24% to Rs 11.17 crore in the quarter ended March 2013 as against Rs 23.89 crore during the previous quarter ended March 2012. Sales declined 58.94% to Rs 180.27 crore in the quarter ended March 2013 as against Rs 439.05 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 87.74% to Rs 8.53 crore in the year ended March 2013 as against Rs 69.60 crore during the previous year ended March 2012. Sales declined 55.20% to Rs 591.32 crore in the year ended March 2013 as against Rs 1320.03 crore during the previous year ended March 2012.

 
ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales180.27439.05 -59 591.321320.03 -55 OPM %13.6814.56 -6 17.3715.36 13 PBDT21.0250.36 -58 83.74152.21 -45 PBT8.9139.32 -77 41.75109.83 -62 NP11.1723.89 -53 8.5369.60 -88

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First Published: May 23 2013 | 5:42 PM IST

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