Ricoh India Net Profit Declines 76.76% in the March 2014 Quarter
Sales rise 47.84% to Rs 353.61 crore
Net profit of Ricoh India declined 76.76% to Rs 14.23 crore in the quarter ended March 2014 as against Rs 61.23 crore during the previous quarter ended March 2013. Sales rose 47.84% to Rs 353.61 crore in the quarter ended March 2014 as against Rs 239.19 crore during the previous quarter ended March 2013.
For the full year,net profit reported to Rs 17.23 crore in the year ended March 2014 as against net loss of Rs 1.32 crore during the previous year ended March 2013. Sales rose 65.56% to Rs 1047.73 crore in the year ended March 2014 as against Rs 632.84 crore during the previous year ended March 2013.