Omax Autos net profit declines 52.50% in the March 2014 quarter

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Sales rise 5.58% to Rs 259.25 crore
Net profit of Omax Autos declined 52.50% to Rs 0.76 crore in the quarter ended March 2014 as against Rs 1.60 crore during the previous quarter ended March 2013. Sales rose 5.58% to Rs 259.25 crore in the quarter ended March 2014 as against Rs 245.56 crore during the previous quarter ended March 2013.For the full year,net loss reported to Rs 6.26 crore in the year ended March 2014 as against net profit of Rs 15.51 crore during the previous year ended March 2013. Sales declined 11.19% to Rs 975.42 crore in the year ended March 2014 as against Rs 1098.30 crore during the previous year ended March 2013.
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First Published: May 24 2014 | 3:04 PM IST