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ISGEC Heavy Engineering net profit rises 144.87% in the March 2014 quarter

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Capital Market

Sales rise 40.28% to Rs 854.88 crore

Net profit of ISGEC Heavy Engineering rose 144.87% to Rs 28.87 crore in the quarter ended March 2014 as against Rs 11.79 crore during the previous quarter ended March 2013. Sales rose 40.28% to Rs 854.88 crore in the quarter ended March 2014 as against Rs 609.42 crore during the previous quarter ended March 2013.

For the full year,net profit declined 36.14% to Rs 46.25 crore in the year ended March 2014 as against Rs 72.42 crore during the previous year ended September 2013. Sales declined 42.78% to Rs 1385.64 crore in the year ended March 2014 as against Rs 2421.49 crore during the previous year ended September 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Sep. 2013% Var.Sales854.88609.42 40 1385.642421.49 -43 OPM %6.254.93 -6.335.73 - PBDT58.0031.10 86 98.13158.95 -38 PBT43.9117.43 152 70.26104.79 -33 NP28.8711.79 145 46.2572.42 -36

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First Published: Jun 04 2014 | 4:30 PM IST

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