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Modison Metals reports net profit of Rs 2.11 crore in the March 2014 quarter

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Capital Market

Sales rise 9.25% to Rs 49.14 crore

Net profit of Modison Metals reported to Rs 2.11 crore in the quarter ended March 2014 as against net loss of Rs 0.02 crore during the previous quarter ended March 2013. Sales rose 9.25% to Rs 49.14 crore in the quarter ended March 2014 as against Rs 44.98 crore during the previous quarter ended March 2013.

For the full year,net profit rose 85.67% to Rs 12.18 crore in the year ended March 2014 as against Rs 6.56 crore during the previous year ended March 2013. Sales rose 15.41% to Rs 183.37 crore in the year ended March 2014 as against Rs 158.88 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales49.1444.98 9 183.37158.88 15 OPM %11.316.47 -13.9111.85 - PBDT4.952.14 131 23.8816.33 46 PBT3.340.50 568 17.6610.28 72 NP2.11-0.02 LP 12.186.56 86

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First Published: May 26 2014 | 8:08 AM IST

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