Gradiente Infotainment reports net loss of Rs 7.38 crore in the March 2014 quarter

Sales decline 26.97% to Rs 1.30 crore

Net Loss of Gradiente Infotainment reported to Rs 7.38 crore in the quarter ended March 2014 as against net loss of Rs 0.41 crore during the previous quarter ended March 2013. Sales declined 26.97% to Rs 1.30 crore in the quarter ended March 2014 as against Rs 1.78 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 25.11 crore in the year ended March 2014 as against net profit of Rs 0.73 crore during the previous year ended March 2013. Sales declined 79.39% to Rs 5.91 crore in the year ended March 2014 as against Rs 28.68 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales1.301.78 -27 5.9128.68 -79 OPM %-550.77-17.42 --419.804.60 - PBDT-7.37-0.38 -1839 -25.051.19 PL PBT-7.38-0.41 -1700 -25.111.05 PL NP-7.38-0.41 -1700 -25.110.73 PL

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