Vippy Industries net profit declines 7.37% in the March 2014 quarter

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Sales decline 51.05% to Rs 195.77 crore
Net profit of Vippy Industries declined 7.37% to Rs 3.52 crore in the quarter ended March 2014 as against Rs 3.80 crore during the previous quarter ended March 2013. Sales declined 51.05% to Rs 195.77 crore in the quarter ended March 2014 as against Rs 399.92 crore during the previous quarter ended March 2013.For the full year,net profit declined 45.48% to Rs 8.81 crore in the year ended March 2014 as against Rs 16.16 crore during the previous year ended March 2013. Sales declined 16.99% to Rs 1017.13 crore in the year ended March 2014 as against Rs 1225.27 crore during the previous year ended March 2013.
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First Published: May 24 2014 | 2:20 PM IST