Southern Magnesium & Chemicals net profit declines 12.50% in the June 2014 quarter

Sales decline 41.27% to Rs 0.37 crore

Net profit of Southern Magnesium & Chemicals declined 12.50% to Rs 0.14 crore in the quarter ended June 2014 as against Rs 0.16 crore during the previous quarter ended June 2013. Sales declined 41.27% to Rs 0.37 crore in the quarter ended June 2014 as against Rs 0.63 crore during the previous quarter ended June 2013. ParticularsQuarter EndedJun. 2014Jun. 2013% Var.Sales0.370.63 -41 OPM %37.8426.98 -PBDT0.140.16 -13 PBT0.140.16 -13 NP0.140.16 -13

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