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Southern Petrochemicals Industries Corporation reports net profit of Rs 108.99 crore in the March 2014 quarter

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Capital Market

Sales decline 20.82% to Rs 406.55 crore

Net profit of Southern Petrochemicals Industries Corporation reported to Rs 108.99 crore in the quarter ended March 2014 as against net loss of Rs 4.11 crore during the previous quarter ended March 2013. Sales declined 20.82% to Rs 406.55 crore in the quarter ended March 2014 as against Rs 513.48 crore during the previous quarter ended March 2013.

For the full year,net profit declined 94.04% to Rs 65.86 crore in the year ended March 2014 as against Rs 1105.13 crore during the previous year ended March 2013. Sales declined 35.23% to Rs 1333.75 crore in the year ended March 2014 as against Rs 2059.12 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales406.55513.48 -21 1333.752059.12 -35 OPM %1.662.36 -3.792.16 - PBDT13.556.81 99 24.82-9.17 LP PBT2.33-4.11 LP -18.85-52.62 64 NP108.99-4.11 LP 65.861105.13 -94

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First Published: May 30 2014 | 4:05 PM IST

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