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Shanthi Gears standalone net profit declines 66.27% in the September 2014 quarter

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Capital Market

Sales decline 9.52% to Rs 36.77 crore

Net profit of Shanthi Gears declined 66.27% to Rs 2.27 crore in the quarter ended September 2014 as against Rs 6.73 crore during the previous quarter ended September 2013. Sales declined 9.52% to Rs 36.77 crore in the quarter ended September 2014 as against Rs 40.64 crore during the previous quarter ended September 2013. ParticularsQuarter EndedSep. 2014Sep. 2013% Var.Sales36.7740.64 -10 OPM %12.5131.25 -PBDT6.9515.18 -54 PBT2.718.81 -69 NP2.276.73 -66

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First Published: Oct 27 2014 | 3:43 PM IST

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