Mirc Electronics Q1 PAT down 3% at Rs 5.7 cr

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Mirc Electronics has announced its first quarter results. The company's Q1FY12 net sales were down 6% at Rs 460 crore versus Rs 488 crore.
 
Its PAT was down 3% at Rs 5.7 crore versus Rs 5.9 crore.
 
Its total expenditure was down 6% at Rs 448 crore versus Rs 473 crore.
 
The company's EBITDA was down 13% at Rs 17 crore versus Rs 15 crore.
 
Its EBITDA margin was up at 4% versus 3%.