Farmax India reports net loss of Rs 114.74 crore in the March 2013 quarter

Net loss of Farmax India reported to Rs 114.74 crore in the quarter ended March 2013 as against net profit of Rs 1.44 crore during the previous quarter ended March 2012. Sales declined 79.32% to Rs 4.70 crore in the quarter ended March 2013 as against Rs 22.73 crore during the previous quarter ended March 2012.

For the Audited full year,net loss reported to Rs 127.32 crore in the year ended March 2013 as against net loss of Rs 1.84 crore during the previous year ended March 2012. Sales declined 43.21% to Rs 51.92 crore in the year ended March 2013 as against Rs 91.42 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales4.7022.73 -79 51.9291.42 -43 OPM %-229.791.19 -19445 -42.060.54 -7948 PBDT-10.622.15 PL -21.472.24 PL PBT-11.431.21 PL -24.01-2.44 -884 NP-114.741.44 PL -127.32-1.84 -6820

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