Man Industries (India) net profit declines 86.26% in the March 2014 quarter

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Sales rise 51.04% to Rs 345.82 crore
Net profit of Man Industries (India) declined 86.26% to Rs 2.70 crore in the quarter ended March 2014 as against Rs 19.65 crore during the previous quarter ended March 2013. Sales rose 51.04% to Rs 345.82 crore in the quarter ended March 2014 as against Rs 228.96 crore during the previous quarter ended March 2013.For the full year,net profit declined 91.17% to Rs 8.90 crore in the year ended March 2014 as against Rs 100.74 crore during the previous year ended March 2013. Sales declined 33.65% to Rs 934.71 crore in the year ended March 2014 as against Rs 1408.79 crore during the previous year ended March 2013.
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First Published: May 31 2014 | 5:44 PM IST