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Oriental Veneer Products net profit declines 64.29% in the March 2014 quarter

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Capital Market

Sales decline 6.19% to Rs 17.57 crore

Net profit of Oriental Veneer Products declined 64.29% to Rs 0.05 crore in the quarter ended March 2014 as against Rs 0.14 crore during the previous quarter ended March 2013. Sales declined 6.19% to Rs 17.57 crore in the quarter ended March 2014 as against Rs 18.73 crore during the previous quarter ended March 2013.

For the full year,net profit declined 23.29% to Rs 0.56 crore in the year ended March 2014 as against Rs 0.73 crore during the previous year ended March 2013. Sales rose 4.70% to Rs 71.48 crore in the year ended March 2014 as against Rs 68.27 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales17.5718.73 -6 71.4868.27 5 OPM %7.855.45 -2.041.64 - PBDT0.330.47 -30 1.691.62 4 PBT0.150.23 -35 0.920.89 3 NP0.050.14 -64 0.560.73 -23

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First Published: May 17 2014 | 1:30 PM IST

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