Borax Morarji reports net loss of Rs 2.03 crore in the June 2014 quarter

Sales decline 22.06% to Rs 11.55 crore

Net Loss of Borax Morarji reported to Rs 2.03 crore in the quarter ended June 2014 as against net loss of Rs 1.58 crore during the previous quarter ended June 2013. Sales declined 22.06% to Rs 11.55 crore in the quarter ended June 2014 as against Rs 14.82 crore during the previous quarter ended June 2013.

For the full year,net loss reported to Rs 9.64 crore in the year ended June 2014 as against net loss of Rs 2.94 crore during the previous year ended March 2013. Sales rose 7.06% to Rs 65.40 crore in the year ended June 2014 as against Rs 61.09 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedJun. 2014Jun. 2013% Var.Jun. 2014Mar. 2013% Var.Sales11.5514.82 -22 65.4061.09 7 OPM %-13.25-6.41 --11.74-0.64 - PBDT-2.38-1.76 -35 -11.17-2.40 -365 PBT-2.94-2.32 -27 -13.96-4.41 -217 NP-2.03-1.58 -28 -9.64-2.94 -228

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