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Modison Metals standalone net profit declines 53.08% in the March 2015 quarter

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Capital Market

Sales decline 9.87% to Rs 44.29 crore

Net profit of Modison Metals declined 53.08% to Rs 0.99 crore in the quarter ended March 2015 as against Rs 2.11 crore during the previous quarter ended March 2014. Sales declined 9.87% to Rs 44.29 crore in the quarter ended March 2015 as against Rs 49.14 crore during the previous quarter ended March 2014.

For the full year,net profit declined 62.23% to Rs 4.60 crore in the year ended March 2015 as against Rs 12.18 crore during the previous year ended March 2014. Sales declined 6.80% to Rs 170.90 crore in the year ended March 2015 as against Rs 183.37 crore during the previous year ended March 2014.

 
ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales44.2949.14 -10 170.90183.37 -7 OPM %7.4111.31 -9.6114.34 - PBDT2.834.95 -43 13.2723.88 -44 PBT1.103.34 -67 6.6417.66 -62 NP0.992.11 -53 4.6012.18 -62

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First Published: May 28 2015 | 8:22 AM IST

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