Advanta reports net loss of Rs 1.84 crore in the December 2013 quarter

Sales rise 93.99% to Rs 8.71 crore

Net loss of Advanta reported to Rs 1.84 crore in the quarter ended December 2013 as against net profit of Rs 10.30 crore during the previous quarter ended December 2012. Sales rose 93.99% to Rs 8.71 crore in the quarter ended December 2013 as against Rs 4.49 crore during the previous quarter ended December 2012.

For the full year,net profit rose 58.16% to Rs 4.65 crore in the year ended December 2013 as against Rs 2.94 crore during the previous year ended December 2012. Sales declined 14.87% to Rs 71.60 crore in the year ended December 2013 as against Rs 84.11 crore during the previous year ended December 2012.

ParticularsQuarter EndedYear EndedDec. 2013Dec. 2012% Var.Dec. 2013Dec. 2012% Var.Sales8.714.49 94 71.6084.11 -15 OPM %3.67353.23 -26.7227.75 - PBDT0.9913.08 -92 14.4314.54 -1 PBT-1.3611.48 PL 5.135.89 -13 NP-1.8410.30 PL 4.652.94 58

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