Cochin Minerals & Rutile reports net loss of Rs 1.19 crore in the March 2013 quarter

Net loss of Cochin Minerals & Rutile reported to Rs 1.19 crore in the quarter ended March 2013 as against net profit of Rs 27.38 crore during the previous quarter ended March 2012. Sales declined 83.43% to Rs 12.34 crore in the quarter ended March 2013 as against Rs 74.47 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 24.07% to Rs 43.34 crore in the year ended March 2013 as against Rs 57.08 crore during the previous year ended March 2012. Sales declined 16.79% to Rs 199.04 crore in the year ended March 2013 as against Rs 239.20 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales12.3474.47 -83 199.04239.20 -17 OPM %-10.5357.24 -118 34.8938.11 -8 PBDT-1.5641.93 PL 67.5688.55 -24 PBT-2.2541.14 PL 64.8285.63 -24 NP-1.1927.38 PL 43.3457.08 -24

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