Hi-Tech Gears net profit declines 23.91% in the June 2013 quarter

Sales decline 15.84% to Rs 85.29 crore

Net profit of Hi-Tech Gears declined 23.91% to Rs 4.36 crore in the quarter ended June 2013 as against Rs 5.73 crore during the previous quarter ended June 2012. Sales declined 15.84% to Rs 85.29 crore in the quarter ended June 2013 as against Rs 101.34 crore during the previous quarter ended June 2012. ParticularsQuarter EndedJun. 2013Jun. 2012% Var.Sales85.29101.34 -16 OPM %14.6414.77 -PBDT12.1314.03 -14 PBT6.608.37 -21 NP4.365.73 -24

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