Pitti Laminations net profit declines 49.92% in the March 2013 quarter

Net profit of Pitti Laminations declined 49.92% to Rs 3.16 crore in the quarter ended March 2013 as against Rs 6.31 crore during the previous quarter ended March 2012. Sales declined 27.27% to Rs 71.25 crore in the quarter ended March 2013 as against Rs 97.97 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 56.07% to Rs 9.85 crore in the year ended March 2013 as against Rs 22.42 crore during the previous year ended March 2012. Sales declined 23.91% to Rs 307.29 crore in the year ended March 2013 as against Rs 403.85 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales71.2597.97 -27 307.29403.85 -24 OPM %11.5817.20 -33 13.5715.53 -13 PBDT7.4710.79 -31 24.2340.10 -40 PBT5.289.03 -42 15.8633.46 -53 NP3.166.31 -50 9.8522.42 -56

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