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Inventure Growth & Securities net profit declines 75.32% in the March 2014 quarter

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Sales decline 47.02% to Rs 1.60 crore

Net profit of Inventure Growth & Securities declined 75.32% to Rs 0.58 crore in the quarter ended March 2014 as against Rs 2.35 crore during the previous quarter ended March 2013. Sales declined 47.02% to Rs 1.60 crore in the quarter ended March 2014 as against Rs 3.02 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 0.33 crore in the year ended March 2014 as against net profit of Rs 1.99 crore during the previous year ended March 2013. Sales declined 33.45% to Rs 7.86 crore in the year ended March 2014 as against Rs 11.81 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales1.603.02 -47 7.8611.81 -33 OPM %101.88-76.49 -16.4111.01 - PBDT0.851.94 -56 0.873.74 -77 PBT0.641.68 -62 0.012.76 -100 NP0.582.35 -75 -0.331.99 PL

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First Published: May 29 2014 | 4:30 PM IST

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