Cosboard Industries net profit declines 52.17% in the March 2014 quarter

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Sales rise 37.71% to Rs 9.13 crore
Net profit of Cosboard Industries declined 52.17% to Rs 0.22 crore in the quarter ended March 2014 as against Rs 0.46 crore during the previous quarter ended March 2013. Sales rose 37.71% to Rs 9.13 crore in the quarter ended March 2014 as against Rs 6.63 crore during the previous quarter ended March 2013.For the full year,net profit reported to Rs 0.27 crore in the year ended March 2014 as against net loss of Rs 0.04 crore during the previous year ended March 2013. Sales rose 53.36% to Rs 34.23 crore in the year ended March 2014 as against Rs 22.32 crore during the previous year ended March 2013.
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First Published: Jul 18 2014 | 11:36 AM IST