Gujarat Apollo Industries standalone net profit declines 16.59% in the September 2014 quarter

Sales rise 143.21% to Rs 16.83 crore

Net profit of Gujarat Apollo Industries declined 16.59% to Rs 1.86 crore in the quarter ended September 2014 as against Rs 2.23 crore during the previous quarter ended September 2013. Sales rose 143.21% to Rs 16.83 crore in the quarter ended September 2014 as against Rs 6.92 crore during the previous quarter ended September 2013. ParticularsQuarter EndedSep. 2014Sep. 2013% Var.Sales16.836.92 143 OPM %-3.45-9.97 -PBDT2.343.13 -25 PBT1.862.63 -29 NP1.862.23 -17

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