SMIFS Capital Markets net profit declines 71.43% in the March 2014 quarter

Sales decline 14.49% to Rs 9.50 crore

Net profit of SMIFS Capital Markets declined 71.43% to Rs 0.76 crore in the quarter ended March 2014 as against Rs 2.66 crore during the previous quarter ended March 2013. Sales declined 14.49% to Rs 9.50 crore in the quarter ended March 2014 as against Rs 11.11 crore during the previous quarter ended March 2013.

For the full year,net profit declined 79.41% to Rs 0.21 crore in the year ended March 2014 as against Rs 1.02 crore during the previous year ended March 2013. Sales rose 22.81% to Rs 35.69 crore in the year ended March 2014 as against Rs 29.06 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales9.5011.11 -14 35.6929.06 23 OPM %11.054.68 -1.152.72 - PBDT1.090.62 76 0.801.73 -54 PBT1.010.53 91 0.471.37 -66 NP0.762.66 -71 0.211.02 -79

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