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Innoventive Industries net profit declines 53.71% in the March 2013 quarter

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Capital Market
Net profit of Innoventive Industries declined 53.71% to Rs 11.74 crore in the quarter ended March 2013 as against Rs 25.36 crore during the previous quarter ended March 2012. Sales declined 14.93% to Rs 165.12 crore in the quarter ended March 2013 as against Rs 194.11 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 20.37% to Rs 56.54 crore in the year ended March 2013 as against Rs 71.00 crore during the previous year ended March 2012. Sales declined 0.33% to Rs 636.20 crore in the year ended March 2013 as against Rs 638.31 crore during the previous year ended March 2012.

 
ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales165.12194.11 -15 636.20638.31 0 OPM %27.9227.30 2 26.3826.05 1 PBDT24.7338.84 -36 108.96111.59 -2 PBT15.6431.39 -50 73.3088.53 -17 NP11.7425.36 -54 56.5471.00 -20

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First Published: May 30 2013 | 12:51 PM IST

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