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MIC Electronics reports standalone net profit of Rs 13.88 crore in the March 2015 quarter

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Capital Market

Sales rise 43.58% to Rs 44.38 crore

Net profit of MIC Electronics reported to Rs 13.88 crore in the quarter ended March 2015 as against net loss of Rs 17.78 crore during the previous quarter ended March 2014. Sales rose 43.58% to Rs 44.38 crore in the quarter ended March 2015 as against Rs 30.91 crore during the previous quarter ended March 2014.

For the full year,net profit reported to Rs 2.20 crore in the year ended March 2015 as against net loss of Rs 44.47 crore during the previous year ended March 2014. Sales rose 79.22% to Rs 155.92 crore in the year ended March 2015 as against Rs 87.00 crore during the previous year ended March 2014.

 
ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales44.3830.91 44 155.9287.00 79 OPM %21.77-4.04 -7.051.97 - PBDT13.08-5.65 LP 6.97-4.55 LP PBT11.16-7.10 LP -0.70-9.00 92 NP13.88-17.78 LP 2.20-44.47 LP

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First Published: May 18 2015 | 9:28 AM IST

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