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MIC Electronics reports consolidated net profit of Rs 13.81 crore in the March 2015 quarter

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Capital Market

Sales rise 42.88% to Rs 44.42 crore

Net profit of MIC Electronics reported to Rs 13.81 crore in the quarter ended March 2015 as against net loss of Rs 18.87 crore during the previous quarter ended March 2014. Sales rose 42.88% to Rs 44.42 crore in the quarter ended March 2015 as against Rs 31.09 crore during the previous quarter ended March 2014.

For the full year,net profit reported to Rs 1.81 crore in the year ended March 2015 as against net loss of Rs 45.06 crore during the previous year ended March 2014. Sales rose 64.29% to Rs 155.93 crore in the year ended March 2015 as against Rs 94.91 crore during the previous year ended March 2014.

 
ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales44.4231.09 43 155.9394.91 64 OPM %21.75-4.66 -6.912.79 - PBDT13.08-5.88 LP 6.74-4.08 LP PBT11.09-7.38 LP -1.09-8.68 87 NP13.81-18.87 LP 1.81-45.06 LP

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First Published: May 18 2015 | 9:35 AM IST

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