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Birla Corporation net profit declines 63.93% in the March 2014 quarter

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Capital Market

Sales rise 16.87% to Rs 778.03 crore

Net profit of Birla Corporation declined 63.93% to Rs 26.20 crore in the quarter ended March 2014 as against Rs 72.63 crore during the previous quarter ended March 2013. Sales rose 16.87% to Rs 778.03 crore in the quarter ended March 2014 as against Rs 665.75 crore during the previous quarter ended March 2013.

For the full year,net profit declined 51.91% to Rs 129.76 crore in the year ended March 2014 as against Rs 269.82 crore during the previous year ended March 2013. Sales rose 15.87% to Rs 2970.54 crore in the year ended March 2014 as against Rs 2563.76 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales778.03665.75 17 2970.542563.76 16 OPM %9.1111.79 -8.6315.32 - PBDT95.08126.40 -25 295.79455.10 -35 PBT55.7699.16 -44 163.21350.71 -53 NP26.2072.63 -64 129.76269.82 -52

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First Published: May 08 2014 | 8:10 AM IST

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