Glory Polyfilms reports net loss of Rs 8.86 crore in the March 2013 quarter

Net Loss of Glory Polyfilms reported to Rs 8.86 crore in the quarter ended March 2013 as against net loss of Rs 20.62 crore during the previous quarter ended March 2012. Sales rose 15.25% to Rs 19.72 crore in the quarter ended March 2013 as against Rs 17.11 crore during the previous quarter ended March 2012.

For the Audited full year,net loss reported to Rs 25.48 crore in the year ended March 2013 as against net loss of Rs 19.75 crore during the previous year ended March 2012. Sales declined 37.31% to Rs 76.76 crore in the year ended March 2013 as against Rs 122.45 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales19.7217.11 15 76.76122.45 -37 OPM %-3.04-69.67 96 -1.907.22 -126 PBDT-2.12-17.47 88 -7.98-5.65 -41 PBT-5.68-21.05 73 -22.30-19.97 -12 NP-8.86-20.62 57 -25.48-19.75 -29

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