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Premier Pipes net profit declines 33.33% in the March 2014 quarter

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Capital Market

Sales decline 11.86% to Rs 8.55 crore

Net profit of Premier Pipes declined 33.33% to Rs 0.08 crore in the quarter ended March 2014 as against Rs 0.12 crore during the previous quarter ended March 2013. Sales declined 11.86% to Rs 8.55 crore in the quarter ended March 2014 as against Rs 9.70 crore during the previous quarter ended March 2013.

For the full year,net profit rose 3.70% to Rs 0.28 crore in the year ended March 2014 as against Rs 0.27 crore during the previous year ended March 2013. Sales declined 0.40% to Rs 29.52 crore in the year ended March 2014 as against Rs 29.64 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales8.559.70 -12 29.5229.64 0 OPM %-7.60-1.55 -1.693.04 - PBDT0.180.15 20 0.810.72 13 PBT0.060.02 200 0.350.26 35 NP0.080.12 -33 0.280.27 4

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First Published: Jun 02 2014 | 5:37 PM IST

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