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Precision Electronics net profit rises 34.80% in the March 2013 quarter

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Capital Market
Net profit of Precision Electronics rose 34.80% to Rs 7.05 crore in the quarter ended March 2013 as against Rs 5.23 crore during the previous quarter ended March 2012. Sales declined 92.52% to Rs 1.87 crore in the quarter ended March 2013 as against Rs 25.00 crore during the previous quarter ended March 2012.

For the Audited full year,net profit reported to Rs 1.33 crore in the year ended March 2013 as against net loss of Rs 0.97 crore during the previous year ended March 2012. Sales declined 78.70% to Rs 7.82 crore in the year ended March 2013 as against Rs 36.71 crore during the previous year ended March 2012.

 
ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales1.8725.00 -93 7.8236.71 -79 OPM %572.1924.24 2261 45.917.49 513 PBDT10.446.00 74 2.621.62 62 PBT10.175.67 79 1.330.12 1008 NP7.055.23 35 1.33-0.97 LP

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First Published: May 24 2013 | 6:06 PM IST

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