Hi-Tech Gears net profit declines 59.86% in the March 2013 quarter
Capital MarketNet profit of Hi-Tech Gears declined 59.86% to Rs 3.99 crore in the quarter ended March 2013 as against Rs 9.94 crore during the previous quarter ended March 2012. Sales declined 29.13% to Rs 84.19 crore in the quarter ended March 2013 as against Rs 118.79 crore during the previous quarter ended March 2012.
For the Audited full year,net profit declined 61.51% to Rs 16.21 crore in the year ended March 2013 as against Rs 42.11 crore during the previous year ended March 2012. Sales declined 24.94% to Rs 363.53 crore in the year ended March 2013 as against Rs 484.35 crore during the previous year ended March 2012.
ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales84.19118.79
-29 363.53484.35
-25 OPM %15.3217.51
-12 14.4217.81
-19 PBDT11.5319.02
-39 46.7982.35
-43 PBT5.7013.84
-59 23.6362.51
-62 NP3.999.94
-60 16.2142.11
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