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Reliable Ventures India standalone net profit declines 79.57% in the March 2015 quarter

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Capital Market

Sales decline 22.72% to Rs 3.64 crore

Net profit of Reliable Ventures India declined 79.57% to Rs 0.19 crore in the quarter ended March 2015 as against Rs 0.93 crore during the previous quarter ended March 2014. Sales declined 22.72% to Rs 3.64 crore in the quarter ended March 2015 as against Rs 4.71 crore during the previous quarter ended March 2014.

For the full year,net profit declined 61.36% to Rs 0.68 crore in the year ended March 2015 as against Rs 1.76 crore during the previous year ended March 2014. Sales declined 14.90% to Rs 13.48 crore in the year ended March 2015 as against Rs 15.84 crore during the previous year ended March 2014.

 
ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales3.644.71 -23 13.4815.84 -15 OPM %20.8834.18 -15.3622.16 - PBDT0.871.70 -49 2.473.77 -34 PBT0.321.43 -78 0.982.56 -62 NP0.190.93 -80 0.681.76 -61

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First Published: May 13 2015 | 9:41 AM IST

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