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Morgan Ventures reports net profit of Rs 2.45 crore in the June 2013 quarter

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Capital Market

Sales rise 421.43% to Rs 2.92 crore

Net profit of Morgan Ventures reported to Rs 2.45 crore in the quarter ended June 2013 as against net loss of Rs 0.07 crore during the previous quarter ended June 2012. Sales rose 421.43% to Rs 2.92 crore in the quarter ended June 2013 as against Rs 0.56 crore during the previous quarter ended June 2012.

For the full year,net profit declined 97.28% to Rs 0.05 crore in the year ended June 2013 as against Rs 1.84 crore during the previous year ended June 2012. Sales rose 2.76% to Rs 4.09 crore in the year ended June 2013 as against Rs 3.98 crore during the previous year ended June 2012.

 
ParticularsQuarter EndedYear EndedJun. 2013Jun. 2012% Var.Jun. 2013Jun. 2012% Var.Sales2.920.56 421 4.093.98 3 OPM %94.5260.71 -75.3176.88 - PBDT2.720.20 1260 2.702.42 12 PBT2.45-0.07 LP 1.631.33 23 NP2.45-0.07 LP 0.051.84 -97

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First Published: Sep 12 2013 | 9:09 AM IST

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