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Precision Electronics net profit declines 91.63% in the March 2014 quarter

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Capital Market

Sales rise 117.65% to Rs 4.07 crore

Net profit of Precision Electronics declined 91.63% to Rs 0.59 crore in the quarter ended March 2014 as against Rs 7.05 crore during the previous quarter ended March 2013. Sales rose 117.65% to Rs 4.07 crore in the quarter ended March 2014 as against Rs 1.87 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 2.27 crore in the year ended March 2014 as against net profit of Rs 0.90 crore during the previous year ended March 2013. Sales rose 47.70% to Rs 11.55 crore in the year ended March 2014 as against Rs 7.82 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales4.071.87 118 11.557.82 48 OPM %1.72572.19 --24.0745.91 - PBDT0.0110.44 -100 -3.192.62 PL PBT-0.2910.17 PL -4.421.33 PL NP0.597.05 -92 -2.270.90 PL

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First Published: May 30 2014 | 9:23 AM IST

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