GSL Nova Petrochemicals reports net loss of Rs 0.97 crore in the March 2014 quarter

Sales rise 44.62% to Rs 6.32 crore

Net loss of GSL Nova Petrochemicals reported to Rs 0.97 crore in the quarter ended March 2014 as against net profit of Rs 0.81 crore during the previous quarter ended March 2013. Sales rose 44.62% to Rs 6.32 crore in the quarter ended March 2014 as against Rs 4.37 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 11.30 crore in the year ended March 2014 as against net loss of Rs 13.05 crore during the previous year ended March 2013. Sales declined 87.88% to Rs 6.39 crore in the year ended March 2014 as against Rs 52.73 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales6.324.37 45 6.3952.73 -88 OPM %33.07-173.68 -23.00-21.83 - PBDT0.03-9.59 LP -7.29-20.00 64 PBT-0.97-10.71 91 -11.30-24.57 54 NP-0.970.81 PL -11.30-13.05 13

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