Maharashtra Scooters net profit declines 52.42% in the March 2014 quarter

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Sales decline 37.31% to Rs 1.21 crore
Net profit of Maharashtra Scooters declined 52.42% to Rs 1.57 crore in the quarter ended March 2014 as against Rs 3.30 crore during the previous quarter ended March 2013. Sales declined 37.31% to Rs 1.21 crore in the quarter ended March 2014 as against Rs 1.93 crore during the previous quarter ended March 2013.For the full year,net profit declined 2.54% to Rs 47.60 crore in the year ended March 2014 as against Rs 48.84 crore during the previous year ended March 2013. Sales declined 37.61% to Rs 4.18 crore in the year ended March 2014 as against Rs 6.70 crore during the previous year ended March 2013.
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First Published: May 14 2014 | 2:03 PM IST