Nicco Parks & Resorts net profit declines 23.33% in the March 2013 quarter

Net profit of Nicco Parks & Resorts declined 23.33% to Rs 0.92 crore in the quarter ended March 2013 as against Rs 1.20 crore during the previous quarter ended March 2012. Sales declined 4.49% to Rs 6.81 crore in the quarter ended March 2013 as against Rs 7.13 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 32.84% to Rs 2.25 crore in the year ended March 2013 as against Rs 3.35 crore during the previous year ended March 2012. Sales declined 11.41% to Rs 25.01 crore in the year ended March 2013 as against Rs 28.23 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales6.817.13 -4 25.0128.23 -11 OPM %22.7629.45 -23 17.5120.94 -16 PBDT1.792.13 -16 4.966.19 -20 PBT1.391.82 -24 3.464.97 -30 NP0.921.20 -23 2.253.35 -33

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