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Premier net profit declines 91.45% in the March 2014 quarter

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Capital Market

Sales decline 5.65% to Rs 43.09 crore

Net profit of Premier declined 91.45% to Rs 6.06 crore in the quarter ended March 2014 as against Rs 70.91 crore during the previous quarter ended March 2013. Sales declined 5.65% to Rs 43.09 crore in the quarter ended March 2014 as against Rs 45.67 crore during the previous quarter ended March 2013.

For the full year,net profit declined 71.31% to Rs 25.15 crore in the year ended March 2014 as against Rs 87.65 crore during the previous year ended March 2013. Sales declined 32.99% to Rs 161.38 crore in the year ended March 2014 as against Rs 240.83 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales43.0945.67 -6 161.38240.83 -33 OPM %13.9741.95 -21.7731.91 - PBDT-9.67310.74 PL 27.41332.57 -92 PBT-18.06306.07 PL -5.34316.93 PL NP6.0670.91 -91 25.1587.65 -71

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First Published: May 07 2014 | 8:09 AM IST

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