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Mehta Securities standalone net profit declines 87.04% in the December 2014 quarter

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Capital Market

Sales rise 224.04% to Rs 321.87 crore

Net profit of Mehta Securities declined 87.04% to Rs 0.07 crore in the quarter ended December 2014 as against Rs 0.54 crore during the previous quarter ended December 2013. Sales rose 224.04% to Rs 321.87 crore in the quarter ended December 2014 as against Rs 99.33 crore during the previous quarter ended December 2013.

For the full year,net profit reported to Rs 0.56 crore in the year ended December 2014 as against net loss of Rs 0.06 crore during the previous year ended December 2013. Sales rose 68.21% to Rs 989.62 crore in the year ended December 2014 as against Rs 588.31 crore during the previous year ended December 2013.

 
ParticularsQuarter EndedYear EndedDec. 2014Dec. 2013% Var.Dec. 2014Dec. 2013% Var.Sales321.8799.33 224 989.62588.31 68 OPM %0.020.40 -0.03-0.09 - PBDT0.200.60 -67 0.690 0 PBT0.070.54 -87 0.56-0.06 LP NP0.070.54 -87 0.56-0.06 LP

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First Published: Mar 10 2015 | 8:58 AM IST

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