Finolex Industries net profit declines 29.19% in the March 2014 quarter

Sales rise 33.51% to Rs 833.32 crore

Net profit of Finolex Industries declined 29.19% to Rs 56.19 crore in the quarter ended March 2014 as against Rs 79.35 crore during the previous quarter ended March 2013. Sales rose 33.51% to Rs 833.32 crore in the quarter ended March 2014 as against Rs 624.18 crore during the previous quarter ended March 2013.

For the full year,net profit rose 24.98% to Rs 170.15 crore in the year ended March 2014 as against Rs 136.14 crore during the previous year ended March 2013. Sales rose 14.28% to Rs 2427.60 crore in the year ended March 2014 as against Rs 2124.26 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales833.32624.18 34 2427.602124.26 14 OPM %12.3117.61 -16.3416.89 - PBDT87.03106.02 -18 373.93340.67 10 PBT71.9592.86 -23 311.64286.25 9 NP56.1979.35 -29 170.15136.14 25

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