Kirloskar Brothers net profit declines 36.83% in the March 2014 quarter

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Sales decline 13.42% to Rs 475.43 crore
Net profit of Kirloskar Brothers declined 36.83% to Rs 15.16 crore in the quarter ended March 2014 as against Rs 24.00 crore during the previous quarter ended March 2013. Sales declined 13.42% to Rs 475.43 crore in the quarter ended March 2014 as against Rs 549.14 crore during the previous quarter ended March 2013.For the full year,net profit rose 9.76% to Rs 47.69 crore in the year ended March 2014 as against Rs 43.45 crore during the previous year ended March 2013. Sales declined 6.92% to Rs 1730.13 crore in the year ended March 2014 as against Rs 1858.70 crore during the previous year ended March 2013.
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First Published: Apr 22 2014 | 8:44 AM IST