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Siddhartha Tubes reports net profit of Rs 12.39 crore in the March 2014 quarter

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Capital Market

Sales decline 33.42% to Rs 34.19 crore

Net profit of Siddhartha Tubes reported to Rs 12.39 crore in the quarter ended March 2014 as against net loss of Rs 16.01 crore during the previous quarter ended March 2013. Sales declined 33.42% to Rs 34.19 crore in the quarter ended March 2014 as against Rs 51.35 crore during the previous quarter ended March 2013.

For the full year,net profit reported to Rs 3.41 crore in the year ended March 2014 as against net loss of Rs 23.48 crore during the previous year ended March 2013. Sales declined 15.29% to Rs 198.99 crore in the year ended March 2014 as against Rs 234.90 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales34.1951.35 -33 198.99234.90 -15 OPM %-5.59-29.15 --3.13-5.97 - PBDT-1.33-13.55 90 -4.88-13.44 64 PBT-3.23-16.01 80 -14.28-23.48 39 NP12.39-16.01 LP 3.41-23.48 LP

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First Published: May 30 2014 | 9:17 AM IST

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