Morgan Ventures reports net profit of Rs 0.05 crore in the September 2013 quarter

Sales decline 43.48% to Rs 0.52 crore

Net profit of Morgan Ventures reported to Rs 0.05 crore in the quarter ended September 2013 as against net loss of Rs 1.83 crore during the previous quarter ended September 2012. Sales declined 43.48% to Rs 0.52 crore in the quarter ended September 2013 as against Rs 0.92 crore during the previous quarter ended September 2012. ParticularsQuarter EndedSep. 2013Sep. 2012% Var.Sales0.520.92 -43 OPM %59.6283.70 -PBDT0.310.63 -51 PBT0.050.36 -86 NP0.05-1.83 LP

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