Garnet International reports net profit of Rs 0.30 crore in the December 2013 quarter

Sales decline 24.29% to Rs 0.53 crore

Net profit of Garnet International reported to Rs 0.30 crore in the quarter ended December 2013 as against net loss of Rs 0.08 crore during the previous quarter ended December 2012. Sales declined 24.29% to Rs 0.53 crore in the quarter ended December 2013 as against Rs 0.70 crore during the previous quarter ended December 2012. ParticularsQuarter EndedDec. 2013Dec. 2012% Var.Sales0.530.70 -24 OPM %58.49-15.71 -PBDT0.31-0.11 LP PBT0.30-0.12 LP NP0.30-0.08 LP

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