Falcon Tyres reports net loss of Rs 1.90 crore in the December 2013 quarter

Sales decline 39.49% to Rs 128.38 crore

Net loss of Falcon Tyres reported to Rs 1.90 crore in the quarter ended December 2013 as against net profit of Rs 0.86 crore during the previous quarter ended December 2012. Sales declined 39.49% to Rs 128.38 crore in the quarter ended December 2013 as against Rs 212.15 crore during the previous quarter ended December 2012.

For the full year,net profit reported to Rs 3.91 crore in the year ended December 2013 as against net loss of Rs 58.98 crore during the previous year ended September 2012. Sales rose 18.36% to Rs 1072.29 crore in the year ended December 2013 as against Rs 905.96 crore during the previous year ended September 2012.

ParticularsQuarter EndedYear EndedDec. 2013Dec. 2012% Var.Dec. 2013Sep. 2012% Var.Sales128.38212.15 -39 1072.29905.96 18 OPM %4.269.17 -6.317.23 - PBDT1.036.81 -85 24.9133.25 -25 PBT-1.900.86 PL 3.9315.19 -74 NP-1.900.86 PL 3.91-58.98 LP

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