Automotive Stampings & Assemblies reports net loss of Rs 2.49 crore in the March 2014 quarter

Sales decline 18.94% to Rs 81.58 crore

Net Loss of Automotive Stampings & Assemblies reported to Rs 2.49 crore in the quarter ended March 2014 as against net loss of Rs 2.97 crore during the previous quarter ended March 2013. Sales declined 18.94% to Rs 81.58 crore in the quarter ended March 2014 as against Rs 100.64 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 8.29 crore in the year ended March 2014 as against net loss of Rs 4.43 crore during the previous year ended March 2013. Sales declined 27.14% to Rs 337.58 crore in the year ended March 2014 as against Rs 463.31 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales81.58100.64 -19 337.58463.31 -27 OPM %2.060.56 -2.862.93 - PBDT0-0.82 100 3.158.92 -65 PBT-3.74-4.39 15 -12.05-6.32 -91 NP-2.49-2.97 16 -8.29-4.43 -87

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