Net profit of Himatsingka Seide declined 24.77% to Rs 8.90 crore in the quarter ended March 2007 as against Rs 11.83 crore during the previous quarter ended March 2006. Sales rose 13.97% to Rs 43.17 crore in the quarter ended March 2007 as against Rs 37.88 crore during the previous quarter ended March 2006.