Menon Bearings net profit rises 616.67% in the March 2014 quarter

Resource from: Business Standard Likes:181

May 14,2014

Net profit of Menon Bearings rose 616.67% to Rs 2.15 crore in the quarter ended March 2014 as against Rs 0.30 crore during the previous quarter ended March 2013. Sales rose 19.41% to Rs 24.12 crore in the quarter ended March 2014 as against Rs 20.20 crore during the previous quarter ended March 2013. For the full year,net profit rose 67.03% to Rs 6.18 crore in the year ended March 2014 as against Rs 3.70 crore during the previous year ended March 2013. Sales rose 4.17% to Rs 86.46 crore in the year ended March 2014 as against Rs 83.00 crore during the previous year ended March 2013.

(Business Standard)

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