Gujarat State Financial Corporation reports net loss of Rs 32.07 crore in the March 2012 quarter

Sales rise 145.06% to Rs 11.91 crore

Gujarat State Financial Corporation reported net loss to Rs 32.07 crore in the quarter ended March 2012 as against net loss of Rs 17.96 crore during the previous quarter ended March 2011. Sales rose 145.06% to Rs 11.91 crore in the quarter ended March 2012 as against Rs 4.86 crore during the previous quarter ended March 2011.

For the Audited full year,net loss reported to Rs 208.92 crore in the year ended March 2012 as against net loss of Rs 156.91 crore during the previous year ended March 2011. Sales rose 11.33% to Rs 26.24 crore in the year ended March 2012 as against Rs 23.57 crore during the previous year ended March 2011.

ParticularsQuarter EndedYear EndedMar. 2012Mar. 2011% Var.Mar. 2012Mar. 2011% Var.Sales11.914.86 145 26.2423.57 11 OPM %-24.43-118.11 79 -71.65-41.92 -71 PBDT-32.04-23.39 -37 -208.75-162.15 -29 PBT-32.07-23.41 -37 -208.92-162.38 -29 NP-32.07-17.96 -79 -208.92-156.91 -33

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