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Metal Coatings (India) net profit declines 45.45% in the March 2012 quarter

Capital Market/ 21:54 , May 14, 2012

Sales decline 14.31% to Rs 24.07 crore

Net profit of Metal Coatings (India) declined 45.45% to Rs 0.42 crore in the quarter ended March 2012 as against Rs 0.77 crore during the previous quarter ended March 2011. Sales declined 14.31% to Rs 24.07 crore in the quarter ended March 2012 as against Rs 28.09 crore during the previous quarter ended March 2011.

For the unaudited full year, net profit reported Rs 1.64 crore in the year ended March 2012. Sales reported to Rs 114.92 crore in the year ended March 2012. The company has changed its year end from December 2011 to March 2012 and the value given for the current full year ended March 2012 is for the period of 15 months. Hence, the full year is not comparable.

 



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