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Mahindra Composites reports net profit of Rs 0.66 crore in the March 2014 quarter

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Capital Market

Sales rise 70.21% to Rs 20.00 crore

Net profit of Mahindra Composites reported to Rs 0.66 crore in the quarter ended March 2014 as against net loss of Rs 0.34 crore during the previous quarter ended March 2013. Sales rose 70.21% to Rs 20.00 crore in the quarter ended March 2014 as against Rs 11.75 crore during the previous quarter ended March 2013.

For the full year,net profit reported to Rs 0.78 crore in the year ended March 2014 as against net loss of Rs 0.98 crore during the previous year ended March 2013. Sales rose 31.19% to Rs 66.04 crore in the year ended March 2014 as against Rs 50.34 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales20.0011.75 70 66.0450.34 31 OPM %7.303.23 -4.243.77 - PBDT1.200.14 757 1.780.78 128 PBT0.66-0.31 LP -0.25-0.95 74 NP0.66-0.34 LP 0.78-0.98 LP

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First Published: Apr 30 2014 | 8:17 AM IST

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