AGC Networks reports net loss of Rs 18.20 crore in the March 2014 quarter

Sales decline 62.35% to Rs 63.90 crore

Net Loss of AGC Networks reported to Rs 18.20 crore in the quarter ended March 2014 as against net loss of Rs 39.00 crore during the previous quarter ended March 2013. Sales declined 62.35% to Rs 63.90 crore in the quarter ended March 2014 as against Rs 169.70 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 145.10 crore in the year ended March 2014 as against net loss of Rs 23.20 crore during the previous year ended March 2013. Sales declined 48.69% to Rs 301.60 crore in the year ended March 2014 as against Rs 587.80 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales63.90169.70 -62 301.60587.80 -49 OPM %-17.53-11.84 --38.20-2.40 - PBDT-15.80-25.70 39 -126.40-4.30 -2840 PBT-18.00-28.40 37 -135.40-15.40 -779 NP-18.20-39.00 53 -145.10-23.20 -525

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