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Maharashtra Scooters net profit declines 52.42% in the March 2014 quarter

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Capital Market

Sales decline 37.31% to Rs 1.21 crore

Net profit of Maharashtra Scooters declined 52.42% to Rs 1.57 crore in the quarter ended March 2014 as against Rs 3.30 crore during the previous quarter ended March 2013. Sales declined 37.31% to Rs 1.21 crore in the quarter ended March 2014 as against Rs 1.93 crore during the previous quarter ended March 2013.

For the full year,net profit declined 2.54% to Rs 47.60 crore in the year ended March 2014 as against Rs 48.84 crore during the previous year ended March 2013. Sales declined 37.61% to Rs 4.18 crore in the year ended March 2014 as against Rs 6.70 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales1.211.93 -37 4.186.70 -38 OPM %-97.52-26.42 --116.03-50.45 - PBDT1.792.56 -30 48.5049.84 -3 PBT1.572.26 -31 47.6048.84 -3 NP1.573.30 -52 47.6048.84 -3

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First Published: May 14 2014 | 2:03 PM IST

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