GEI Industrial Systems reports net loss of Rs 14.56 crore in the March 2013 quarter

Net Loss of GEI Industrial Systems reported to Rs 14.56 crore in the quarter ended March 2013 as against net loss of Rs 10.95 crore during the previous quarter ended March 2012. Sales declined 71.87% to Rs 19.76 crore in the quarter ended March 2013 as against Rs 70.24 crore during the previous quarter ended March 2012.

For the Audited full year,net loss reported to Rs 48.43 crore in the year ended March 2013 as against net profit of Rs 0.08 crore during the previous year ended March 2012. Sales declined 56.00% to Rs 151.84 crore in the year ended March 2013 as against Rs 345.07 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales19.7670.24 -72 151.84345.07 -56 OPM %-44.287.60 -682 -8.8811.37 -178 PBDT-17.19-13.30 -29 -49.144.61 PL PBT-18.28-14.03 -30 -52.152.06 PL NP-14.56-10.95 -33 -48.430.08 PL

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