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Stovec Industries standalone net profit declines 27.17% in the September 2014 quarter

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Capital Market

Sales rise 1.43% to Rs 22.01 crore

Net profit of Stovec Industries declined 27.17% to Rs 2.60 crore in the quarter ended September 2014 as against Rs 3.57 crore during the previous quarter ended September 2013. Sales rose 1.43% to Rs 22.01 crore in the quarter ended September 2014 as against Rs 21.70 crore during the previous quarter ended September 2013. ParticularsQuarter EndedSep. 2014Sep. 2013% Var.Sales22.0121.70 1 OPM %18.7218.76 -PBDT4.814.83 0 PBT4.004.46 -10 NP2.603.57 -27

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First Published: Nov 11 2014 | 5:41 PM IST

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