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Mastek net profit declines 77.61% in the March 2014 quarter

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Capital Market

Sales rise 13.15% to Rs 149.01 crore

Net profit of Mastek declined 77.61% to Rs 2.04 crore in the quarter ended March 2014 as against Rs 9.11 crore during the previous quarter ended March 2013. Sales rose 13.15% to Rs 149.01 crore in the quarter ended March 2014 as against Rs 131.69 crore during the previous quarter ended March 2013.

For the full year,net profit declined 10.64% to Rs 26.97 crore in the year ended March 2014 as against Rs 30.18 crore during the previous year ended March 2013. Sales rose 37.26% to Rs 544.59 crore in the year ended March 2014 as against Rs 396.75 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales149.01131.69 13 544.59396.75 37 OPM %13.157.92 -9.695.15 - PBDT25.8113.46 92 73.9350.29 47 PBT19.207.85 145 48.2732.49 49 NP2.049.11 -78 26.9730.18 -11

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First Published: Apr 23 2014 | 6:03 PM IST

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