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Patel Engineering net profit rises 10.41% in the March 2014 quarter

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Capital Market

Sales decline 26.16% to Rs 876.76 crore

Net profit of Patel Engineering rose 10.41% to Rs 16.01 crore in the quarter ended March 2014 as against Rs 14.50 crore during the previous quarter ended March 2013. Sales declined 26.16% to Rs 876.76 crore in the quarter ended March 2014 as against Rs 1187.41 crore during the previous quarter ended March 2013.

For the full year,net profit declined 49.19% to Rs 25.01 crore in the year ended March 2014 as against Rs 49.22 crore during the previous year ended March 2013. Sales declined 12.13% to Rs 2688.81 crore in the year ended March 2014 as against Rs 3060.04 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales876.761187.41 -26 2688.813060.04 -12 OPM %10.3610.12 -13.8114.43 - PBDT36.0737.64 -4 90.49129.28 -30 PBT22.9425.10 -9 36.2676.73 -53 NP16.0114.50 10 25.0149.22 -49

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First Published: May 30 2014 | 9:27 AM IST

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