Automotive Stampings & Assemblies reports net loss of Rs 2.97 crore in the March 2013 quarter

Net loss of Automotive Stampings & Assemblies reported to Rs 2.97 crore in the quarter ended March 2013 as against net profit of Rs 2.35 crore during the previous quarter ended March 2012. Sales declined 40.12% to Rs 100.64 crore in the quarter ended March 2013 as against Rs 168.06 crore during the previous quarter ended March 2012.

For the Audited full year,net loss reported to Rs 4.43 crore in the year ended March 2013 as against net profit of Rs 5.97 crore during the previous year ended March 2012. Sales declined 18.78% to Rs 463.31 crore in the year ended March 2013 as against Rs 570.44 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales100.64168.06 -40 463.31570.44 -19 OPM %0.594.87 -88 2.935.12 -43 PBDT-0.827.37 PL 8.9223.85 -63 PBT-4.393.51 PL -6.328.88 PL NP-2.972.35 PL -4.435.97 PL

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