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Rajesh Solvex net profit declines 38.24% in the March 2014 quarter

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Capital Market

Sales rise 136.36% to Rs 1.30 crore

Net profit of Rajesh Solvex declined 38.24% to Rs 0.42 crore in the quarter ended March 2014 as against Rs 0.68 crore during the previous quarter ended March 2013. Sales rose 136.36% to Rs 1.30 crore in the quarter ended March 2014 as against Rs 0.55 crore during the previous quarter ended March 2013.

For the full year,net profit reported to Rs 0.01 crore in the year ended March 2014 as against net loss of Rs 0.24 crore during the previous year ended March 2013. Sales declined 88.59% to Rs 2.32 crore in the year ended March 2014 as against Rs 20.33 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales1.300.55 136 2.3220.33 -89 OPM %43.85130.91 -34.052.16 - PBDT0.470.73 -36 0.180.02 800 PBT0.420.68 -38 0.01-0.24 LP NP0.420.68 -38 0.01-0.24 LP

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First Published: May 30 2014 | 9:15 AM IST

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