Forbes & Company reports net loss of Rs 10.17 crore in the March 2014 quarter

Sales decline 29.22% to Rs 70.22 crore

Net Loss of Forbes & Company reported to Rs 10.17 crore in the quarter ended March 2014 as against net loss of Rs 7.42 crore during the previous quarter ended March 2013. Sales declined 29.22% to Rs 70.22 crore in the quarter ended March 2014 as against Rs 99.21 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 29.71 crore in the year ended March 2014 as against net profit of Rs 31.35 crore during the previous year ended March 2013. Sales declined 7.75% to Rs 273.70 crore in the year ended March 2014 as against Rs 296.70 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales70.2299.21 -29 273.70296.70 -8 OPM %4.275.87 -3.125.50 - PBDT-0.444.43 PL -2.4312.01 PL PBT-3.601.01 PL -15.70-1.17 -1242 NP-10.17-7.42 -37 -29.7131.35 PL

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