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Longview Tea Company net profit declines 41.67% in the March 2014 quarter

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Capital Market

Sales decline 69.23% to Rs 0.24 crore

Net profit of Longview Tea Company declined 41.67% to Rs 0.07 crore in the quarter ended March 2014 as against Rs 0.12 crore during the previous quarter ended March 2013. Sales declined 69.23% to Rs 0.24 crore in the quarter ended March 2014 as against Rs 0.78 crore during the previous quarter ended March 2013.

For the full year,net profit declined 50.00% to Rs 0.34 crore in the year ended March 2014 as against Rs 0.68 crore during the previous year ended March 2013. Sales declined 19.30% to Rs 0.92 crore in the year ended March 2014 as against Rs 1.14 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales0.240.78 -69 0.921.14 -19 OPM %-41.67-7.69 --27.17-22.81 - PBDT0.090.15 -40 0.420.81 -48 PBT0.090.15 -40 0.420.81 -48 NP0.070.12 -42 0.340.68 -50

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First Published: Jun 04 2014 | 1:50 PM IST

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