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Modern India net profit declines 50.29% in the December 2013 quarter

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Capital Market

Sales decline 80.24% to Rs 19.32 crore

Net profit of Modern India declined 50.29% to Rs 0.87 crore in the quarter ended December 2013 as against Rs 1.75 crore during the previous quarter ended December 2012. Sales declined 80.24% to Rs 19.32 crore in the quarter ended December 2013 as against Rs 97.78 crore during the previous quarter ended December 2012. ParticularsQuarter EndedDec. 2013Dec. 2012% Var.Sales19.3297.78 -80 OPM %-1.501.79 -PBDT1.433.10 -54 PBT0.992.69 -63 NP0.871.75 -50

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First Published: Jan 23 2014 | 8:21 AM IST

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