Mahindra Forgings net profit rises 1294.64% in the March 2013 quarter

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Capital Market
Last Updated : May 22 2013 | 10:00 AM IST
Net profit of Mahindra Forgings rose 1294.64% to Rs 15.62 crore in the quarter ended March 2013 as against Rs 1.12 crore during the previous quarter ended March 2012. Sales declined 3.78% to Rs 99.06 crore in the quarter ended March 2013 as against Rs 102.95 crore during the previous quarter ended March 2012.

For the Audited full year,net profit rose 502.80% to Rs 40.87 crore in the year ended March 2013 as against Rs 6.78 crore during the previous year ended March 2012. Sales rose 1.25% to Rs 394.67 crore in the year ended March 2013 as against Rs 389.81 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales99.06102.95 -4 394.67389.81 1 OPM %20.119.01 123 16.8410.63 58 PBDT19.317.14 170 64.9932.26 101 PBT12.290.80 1436 37.548.34 350 NP15.621.12 1295 40.876.78 503

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First Published: May 22 2013 | 9:18 AM IST

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