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Upper Ganges Sugar & Industries standalone net profit declines 97.95% in the March 2015 quarter

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Capital Market

Sales decline 16.96% to Rs 197.68 crore

Net profit of Upper Ganges Sugar & Industries declined 97.95% to Rs 0.79 crore in the quarter ended March 2015 as against Rs 38.60 crore during the previous quarter ended March 2014. Sales declined 16.96% to Rs 197.68 crore in the quarter ended March 2015 as against Rs 238.06 crore during the previous quarter ended March 2014.

For the full year,net loss reported to Rs 55.37 crore in the year ended March 2015 as against net loss of Rs 19.39 crore during the previous year ended March 2014. Sales rose 10.50% to Rs 849.00 crore in the year ended March 2015 as against Rs 768.32 crore during the previous year ended March 2014.

 
ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales197.68238.06 -17 849.00768.32 11 OPM %8.8833.31 --0.737.62 - PBDT3.9166.67 -94 -68.01-3.59 -1794 PBT0.8359.36 -99 -85.03-31.00 -174 NP0.7938.60 -98 -55.37-19.39 -186

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First Published: May 12 2015 | 3:23 PM IST

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