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Mahaveer Infoway net profit declines 40.00% in the March 2014 quarter

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Capital Market

Sales rise 13.96% to Rs 15.84 crore

Net profit of Mahaveer Infoway declined 40.00% to Rs 0.03 crore in the quarter ended March 2014 as against Rs 0.05 crore during the previous quarter ended March 2013. Sales rose 13.96% to Rs 15.84 crore in the quarter ended March 2014 as against Rs 13.90 crore during the previous quarter ended March 2013.

For the full year,net profit rose 18.75% to Rs 0.19 crore in the year ended March 2014 as against Rs 0.16 crore during the previous year ended March 2013. Sales rose 34.03% to Rs 68.84 crore in the year ended March 2014 as against Rs 51.36 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales15.8413.90 14 68.8451.36 34 OPM %1.701.01 -1.321.69 - PBDT0.060.07 -14 0.380.35 9 PBT0.030.05 -40 0.290.25 16 NP0.030.05 -40 0.190.16 19

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First Published: Jun 03 2014 | 9:57 AM IST

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