Glodyne Technoserve reports net loss of Rs 540.17 crore in the March 2014 quarter

Sales decline 97.09% to Rs 4.26 crore

Net loss of Glodyne Technoserve reported to Rs 540.17 crore in the quarter ended March 2014 as against net profit of Rs 2.99 crore during the previous quarter ended March 2013. Sales declined 97.09% to Rs 4.26 crore in the quarter ended March 2014 as against Rs 146.50 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 776.13 crore in the year ended March 2014 as against net profit of Rs 0.01 crore during the previous year ended March 2013. Sales declined 87.99% to Rs 137.55 crore in the year ended March 2014 as against Rs 1145.62 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales4.26146.50 -97 137.551145.62 -88 OPM %-11988.032.39 --512.298.55 - PBDT-527.52-15.54 -3295 -710.3771.68 PL PBT-540.17-33.28 -1523 -776.132.30 PL NP-540.172.99 PL -776.130.01 PL

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