Arihant Foundations & Housing standalone net profit declines 72.00% in the September 2014 quarter

Sales decline 48.07% to Rs 11.14 crore

Net profit of Arihant Foundations & Housing declined 72.00% to Rs 0.07 crore in the quarter ended September 2014 as against Rs 0.25 crore during the previous quarter ended September 2013. Sales declined 48.07% to Rs 11.14 crore in the quarter ended September 2014 as against Rs 21.45 crore during the previous quarter ended September 2013.

For the full year,net profit declined 31.14% to Rs 1.15 crore in the year ended September 2014 as against Rs 1.67 crore during the previous year ended September 2013. Sales declined 9.10% to Rs 53.31 crore in the year ended September 2014 as against Rs 58.65 crore during the previous year ended September 2013.

ParticularsQuarter EndedYear EndedSep. 2014Sep. 2013% Var.Sep. 2014Sep. 2013% Var.Sales11.1421.45 -48 53.3158.65 -9 OPM %12.484.57 -11.9512.62 - PBDT0.230.50 -54 2.124.67 -55 PBT0.080.35 -77 1.514.07 -63 NP0.070.25 -72 1.151.67 -31

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