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Remi Edelstahl Tubulars net profit declines 45.45% in the March 2014 quarter

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Capital Market

Sales rise 6.13% to Rs 39.82 crore

Net profit of Remi Edelstahl Tubulars declined 45.45% to Rs 0.60 crore in the quarter ended March 2014 as against Rs 1.10 crore during the previous quarter ended March 2013. Sales rose 6.13% to Rs 39.82 crore in the quarter ended March 2014 as against Rs 37.52 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 1.04 crore in the year ended March 2014 as against net profit of Rs 1.88 crore during the previous year ended March 2013. Sales declined 24.43% to Rs 122.37 crore in the year ended March 2014 as against Rs 161.93 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales39.8237.52 6 122.37161.93 -24 OPM %9.475.46 -6.246.43 - PBDT1.632.14 -24 1.765.62 -69 PBT0.831.39 -40 -1.582.50 PL NP0.601.10 -45 -1.041.88 PL

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First Published: May 31 2014 | 3:27 PM IST

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