Energy Development Company net profit declines 95.27% in the March 2014 quarter

Sales decline 56.84% to Rs 8.52 crore

Net profit of Energy Development Company declined 95.27% to Rs 0.43 crore in the quarter ended March 2014 as against Rs 9.10 crore during the previous quarter ended March 2013. Sales declined 56.84% to Rs 8.52 crore in the quarter ended March 2014 as against Rs 19.74 crore during the previous quarter ended March 2013.

For the full year,net profit declined 65.09% to Rs 2.21 crore in the year ended March 2014 as against Rs 6.33 crore during the previous year ended March 2013. Sales declined 20.51% to Rs 38.75 crore in the year ended March 2014 as against Rs 48.75 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales8.5219.74 -57 38.7548.75 -21 OPM %-8.3329.79 -20.9518.85 - PBDT0.215.15 -96 5.605.92 -5 PBT-1.023.81 PL 0.651.06 -39 NP0.439.10 -95 2.216.33 -65

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