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Techno Electric & Engineering Company net profit rises 2278.46% in the March 2014 quarter

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Capital Market

Sales rise 46.95% to Rs 214.32 crore

Net profit of Techno Electric & Engineering Company rose 2278.46% to Rs 15.46 crore in the quarter ended March 2014 as against Rs 0.65 crore during the previous quarter ended March 2013. Sales rose 46.95% to Rs 214.32 crore in the quarter ended March 2014 as against Rs 145.85 crore during the previous quarter ended March 2013.

For the full year,net profit rose 15.43% to Rs 69.95 crore in the year ended March 2014 as against Rs 60.60 crore during the previous year ended March 2013. Sales rose 7.89% to Rs 594.12 crore in the year ended March 2014 as against Rs 550.69 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales214.32145.85 47 594.12550.69 8 OPM %10.421.74 -14.1016.80 - PBDT9.223.33 177 89.0990.79 -2 PBT5.49-0.42 LP 73.9575.76 -2 NP15.460.65 2278 69.9560.60 15

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First Published: May 24 2014 | 8:13 AM IST

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