Fortune Financial Services (India) reports net loss of Rs 1.93 crore in the March 2013 quarter

Net Loss of Fortune Financial Services (India) reported to Rs 1.93 crore in the quarter ended March 2013 as against net loss of Rs 0.11 crore during the previous quarter ended March 2012. Sales rose 192.59% to Rs 0.79 crore in the quarter ended March 2013 as against Rs 0.27 crore during the previous quarter ended March 2012.

For the Audited full year,net loss reported to Rs 4.03 crore in the year ended March 2013 as against net profit of Rs 0.48 crore during the previous year ended March 2012. Sales declined 51.90% to Rs 2.28 crore in the year ended March 2013 as against Rs 4.74 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales0.790.27 193 2.284.74 -52 OPM %-235.44-251.85 7 -167.54-1.48 -11245 PBDT-2.07-0.21 -886 -4.120.72 PL PBT-2.09-0.23 -809 -4.190.61 PL NP-1.93-0.11 -1655 -4.030.48 PL

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