Advanta reports standalone net loss of Rs 11.04 crore in the December 2014 quarter

Sales rise 1.72% to Rs 8.86 crore

Net Loss of Advanta reported to Rs 11.04 crore in the quarter ended December 2014 as against net loss of Rs 1.84 crore during the previous quarter ended December 2013. Sales rose 1.72% to Rs 8.86 crore in the quarter ended December 2014 as against Rs 8.71 crore during the previous quarter ended December 2013.

For the full year,net loss reported to Rs 5.17 crore in the year ended December 2014 as against net profit of Rs 4.65 crore during the previous year ended December 2013. Sales declined 4.32% to Rs 68.51 crore in the year ended December 2014 as against Rs 71.60 crore during the previous year ended December 2013.

ParticularsQuarter EndedYear EndedDec. 2014Dec. 2013% Var.Dec. 2014Dec. 2013% Var.Sales8.868.71 2 68.5171.60 -4 OPM %-36.123.67 -26.3826.72 - PBDT-3.390.99 PL 11.2314.43 -22 PBT-5.77-1.36 -324 1.755.13 -66 NP-11.04-1.84 -500 -5.174.65 PL

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