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Nectar Lifescience net profit declines 27.07% in the March 2014 quarter

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Capital Market

Sales rise 25.23% to Rs 460.40 crore

Net profit of Nectar Lifescience declined 27.07% to Rs 18.70 crore in the quarter ended March 2014 as against Rs 25.64 crore during the previous quarter ended March 2013. Sales rose 25.23% to Rs 460.40 crore in the quarter ended March 2014 as against Rs 367.64 crore during the previous quarter ended March 2013.

For the full year,net profit declined 27.54% to Rs 62.08 crore in the year ended March 2014 as against Rs 85.67 crore during the previous year ended March 2013. Sales rose 0.80% to Rs 1637.77 crore in the year ended March 2014 as against Rs 1624.81 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales460.40367.64 25 1637.771624.81 1 OPM %16.2423.60 -17.6317.85 - PBDT42.6855.71 -23 162.41190.64 -15 PBT21.9236.10 -39 78.22114.68 -32 NP18.7025.64 -27 62.0885.67 -28

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First Published: May 28 2014 | 8:07 AM IST

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