Sales decline 25.70% to Rs 194.52 crore
Net profit of Rico Auto Industries declined 86.49% to Rs 1.17 crore in the quarter ended March 2014 as against Rs 8.66 crore during the previous quarter ended March 2013. Sales declined 25.70% to Rs 194.52 crore in the quarter ended March 2014 as against Rs 261.80 crore during the previous quarter ended March 2013.For the full year,net profit declined 74.11% to Rs 2.63 crore in the year ended March 2014 as against Rs 10.16 crore during the previous year ended March 2013. Sales declined 12.83% to Rs 901.25 crore in the year ended March 2014 as against Rs 1033.88 crore during the previous year ended March 2013.
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