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Magna Eletrocasting standalone net profit declines 4.30% in the December 2014 quarter

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Capital Market

Sales rise 41.35% to Rs 24.27 crore

Net profit of Magna Eletrocasting declined 4.30% to Rs 0.89 crore in the quarter ended December 2014 as against Rs 0.93 crore during the previous quarter ended December 2013. Sales rose 41.35% to Rs 24.27 crore in the quarter ended December 2014 as against Rs 17.17 crore during the previous quarter ended December 2013. ParticularsQuarter EndedDec. 2014Dec. 2013% Var.Sales24.2717.17 41 OPM %13.7616.54 -PBDT2.892.38 21 PBT1.140.63 81 NP0.890.93 -4

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First Published: Jan 30 2015 | 2:05 PM IST

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