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Premier Synthetics reports net profit of Rs 2.23 crore in the March 2014 quarter

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Capital Market

Sales rise 73.15% to Rs 8.90 crore

Net profit of Premier Synthetics reported to Rs 2.23 crore in the quarter ended March 2014 as against net loss of Rs 1.68 crore during the previous quarter ended March 2013. Sales rose 73.15% to Rs 8.90 crore in the quarter ended March 2014 as against Rs 5.14 crore during the previous quarter ended March 2013.

For the full year,net profit declined 77.40% to Rs 2.64 crore in the year ended March 2014 as against Rs 11.68 crore during the previous year ended March 2013. Sales rose 22.35% to Rs 22.28 crore in the year ended March 2014 as against Rs 18.21 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales8.905.14 73 22.2818.21 22 OPM %13.1518.29 -21.6816.58 - PBDT0.880.75 17 3.202.65 21 PBT0.240.05 380 0.650.01 6400 NP2.23-1.68 LP 2.6411.68 -77

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First Published: Apr 28 2014 | 8:40 AM IST

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