Sterling International Enterprises consolidated net profit declines 79.81% in the June 2014 quarter

Sales decline 56.17% to Rs 115.01 crore

Net profit of Sterling International Enterprises declined 79.81% to Rs 3.60 crore in the quarter ended June 2014 as against Rs 17.83 crore during the previous quarter ended June 2013. Sales declined 56.17% to Rs 115.01 crore in the quarter ended June 2014 as against Rs 262.39 crore during the previous quarter ended June 2013.

For the full year,net profit declined 63.38% to Rs 8.05 crore in the year ended June 2014 as against Rs 21.98 crore during the previous year ended June 2013. Sales declined 4.72% to Rs 447.99 crore in the year ended June 2014 as against Rs 470.19 crore during the previous year ended June 2013.

ParticularsQuarter EndedYear EndedJun. 2014Jun. 2013% Var.Jun. 2014Jun. 2013% Var.Sales115.01262.39 -56 447.99470.19 -5 OPM %33.5023.04 -35.5628.33 - PBDT39.3257.30 -31 146.48126.07 16 PBT3.6518.03 -80 8.1622.47 -64 NP3.6017.83 -80 8.0521.98 -63

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