Manaksia consolidated net profit declines 54.81% in the March 2015 quarter

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Sales decline 24.11% to Rs 277.46 crore
Net profit of Manaksia declined 54.81% to Rs 18.28 crore in the quarter ended March 2015 as against Rs 40.45 crore during the previous quarter ended March 2014. Sales declined 24.11% to Rs 277.46 crore in the quarter ended March 2015 as against Rs 365.60 crore during the previous quarter ended March 2014.For the full year,net profit declined 45.94% to Rs 103.43 crore in the year ended March 2015 as against Rs 191.32 crore during the previous year ended March 2014. Sales declined 32.77% to Rs 1108.17 crore in the year ended March 2015 as against Rs 1648.39 crore during the previous year ended March 2014.
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First Published: May 16 2015 | 10:31 AM IST