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Sona Koyo Steering Systems net profit declines 8.87% in the March 2014 quarter

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Sales decline 6.54% to Rs 281.99 crore

Net profit of Systems declined 8.87% to Rs 10.58 crore in the quarter ended March 2014 as against Rs 11.61 crore during the previous quarter ended March 2013. Sales declined 6.54% to Rs 281.99 crore in the quarter ended March 2014 as against Rs 301.72 crore during the previous quarter ended March 2013.

For the full year,net profit rose 68.77% to Rs 51.66 crore in the year ended March 2014 as against Rs 30.61 crore during the previous year ended March 2013. Sales declined 6.92% to Rs 1034.89 crore in the year ended March 2014 as against Rs 1111.84 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales281.99301.72 -7 1034.891111.84 -7 OPM %10.8812.27 -9.5610.61 - PBDT24.6330.78 -20 71.9790.07 -20 PBT10.7319.07 -44 22.8746.89 -51 NP10.5811.61 -9 51.6630.61 69

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