Garnet Construction reports net loss of Rs 2.22 crore in the March 2014 quarter

Sales reported at Rs -6.13 crore

Net loss of Garnet Construction reported to Rs 2.22 crore in the quarter ended March 2014 as against net profit of Rs 3.45 crore during the previous quarter ended March 2013. Sales reported to Rs -6.13 crore in the quarter ended March 2014 as against Rs 15.13 crore during the previous quarter ended March 2013.

For the full year,net profit rose 112.84% to Rs 2.32 crore in the year ended March 2014 as against Rs 1.09 crore during the previous year ended March 2013. Sales declined 71.79% to Rs 5.93 crore in the year ended March 2014 as against Rs 21.02 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales-6.1315.13 PL 5.9321.02 -72 OPM %20.8829.81 -25.8018.46 - PBDT-1.713.80 PL 3.371.73 95 PBT-1.843.72 PL 2.901.36 113 NP-2.223.45 PL 2.321.09 113

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