Modern India standalone net profit declines 78.43% in the September 2014 quarter

Sales decline 59.01% to Rs 16.18 crore

Net profit of Modern India declined 78.43% to Rs 0.22 crore in the quarter ended September 2014 as against Rs 1.02 crore during the previous quarter ended September 2013. Sales declined 59.01% to Rs 16.18 crore in the quarter ended September 2014 as against Rs 39.47 crore during the previous quarter ended September 2013. ParticularsQuarter EndedSep. 2014Sep. 2013% Var.Sales16.1839.47 -59 OPM %-16.63-0.13 -PBDT0.630.93 -32 PBT0.230.53 -57 NP0.221.02 -78

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