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Pranavaditya Spinning Mills net profit declines 17.27% in the March 2014 quarter

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Capital Market

Sales rise 14.02% to Rs 19.03 crore

Net profit of Pranavaditya Spinning Mills declined 17.27% to Rs 0.91 crore in the quarter ended March 2014 as against Rs 1.10 crore during the previous quarter ended March 2013. Sales rose 14.02% to Rs 19.03 crore in the quarter ended March 2014 as against Rs 16.69 crore during the previous quarter ended March 2013.

For the full year,net profit declined 10.76% to Rs 2.57 crore in the year ended March 2014 as against Rs 2.88 crore during the previous year ended March 2013. Sales rose 19.72% to Rs 72.74 crore in the year ended March 2014 as against Rs 60.76 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales19.0316.69 14 72.7460.76 20 OPM %8.1510.78 -6.238.39 - PBDT1.461.73 -16 4.274.76 -10 PBT1.321.63 -19 3.814.36 -13 NP0.911.10 -17 2.572.88 -11

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First Published: May 14 2014 | 8:22 AM IST

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