HB Estate Developers reports net loss of Rs 7.73 crore in the March 2013 quarter

Net Loss of HB Estate Developers reported to Rs 7.73 crore in the quarter ended March 2013 as against net loss of Rs 0.24 crore during the previous quarter ended March 2012. Sales rose 26.67% to Rs 2.66 crore in the quarter ended March 2013 as against Rs 2.10 crore during the previous quarter ended March 2012.

For the Audited full year,net loss reported to Rs 6.80 crore in the year ended March 2013 as against net profit of Rs 7.04 crore during the previous year ended March 2012. Sales declined 56.65% to Rs 7.46 crore in the year ended March 2013 as against Rs 17.21 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales2.662.10 27 7.4617.21 -57 OPM %-12.78-19.05 33 18.5068.62 -73 PBDT-1.78-0.27 -559 -0.508.92 PL PBT-2.62-0.31 -745 -1.458.77 PL NP-7.73-0.24 -3121 -6.807.04 PL

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