EXIDE Industries limited - quarterly results - Q3 FY 2014 - Sales and Profits are both down

EXIDE INDUSTRIES LIMITED

QUARTERLY RESULTS

Q3 FY 2014 (DEC,2013)

EXIDE INDUSTRIES has fared poorly in the Q3 FY 2014 ended in  Dec,2014. Net sales have fallen  both sequentially and year on year. Net Profit also has fallen considerably sequentially and YoY as can be seen from the table below (Fig in Lakhs).

Results Table :

EXIDE IND.	31-Dec-13	30-Sep-13	%Dif QoQ	30-Jun-13	31-Mar-13	31-Dec-12	%Dif YoY
Net Sales	130141	142795	-8.86	162634	153822	146215	-10.99
Total Expenditure	119300	126204	-5.47	139507	136555	132740	-10.13
Profit bef. Intt, Dep. & Taxes	10841	16591	-34.66	23127	17267	13475	-19.55
Net Profit	7752	11863	-34.65	15880	14646	10409	-25.53
Diluted EPS	0.91	1.4	-35	1.87	1.72	1.22	-25.41
Total Income	130393	143207	-8.95	162747	154120	146316	-10.88
Changes in inventories	-7478	11358	-165.84	-15674	14727	-10628	-29.64
Cost of materials	92230	82346	12	120208	88244	108809	-15.24
stock-in-trade	112	34	229.41	109	390	175	-36
Employee benefits	8965	8546	4.9	9379	9006	8546	4.9
Depreciation	3166	3132	1.09	3004	2878	2892	9.47
Other expenses	22305	20788	7.3	22481	21310	22946	-2.79
Total expenses	119300	126204	-5.47	139507	136555	132740	-10.13
Profit before tax	11547	17323	-33.34	23825	20530	14685	-21.37
Tax Expenses	3795	5460	-30.49	7945	5884	4276	-11.25
Net Profit	7752	11863	-34.65	15880	14646	10409	-25.53
Face Value of Share (in )	1	1	0	1	1	1	0
Paid-up Equity	8500	8500	0	8500	8500	8500	0
Basic EPS	0.91	1.4	-35	1.87	1.72	1.22	-25.41
Public Shareholding (%)	54.01	54.01	0	54.01	54.01	54.01	0

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