HOV Services reports net loss of Rs 0.18 crore in the March 2014 quarter

Sales rise 9.06% to Rs 3.25 crore

Net loss of HOV Services reported to Rs 0.18 crore in the quarter ended March 2014 as against net profit of Rs 0.33 crore during the previous quarter ended March 2013. Sales rose 9.06% to Rs 3.25 crore in the quarter ended March 2014 as against Rs 2.98 crore during the previous quarter ended March 2013.

For the full year,net profit declined 40.14% to Rs 0.85 crore in the year ended March 2014 as against Rs 1.42 crore during the previous year ended December 2012. Sales rose 40.14% to Rs 15.92 crore in the year ended March 2014 as against Rs 11.36 crore during the previous year ended December 2012.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Dec. 2012% Var.Sales3.252.98 9 15.9211.36 40 OPM %-13.5413.42 -6.289.24 - PBDT-0.180.58 PL 1.802.52 -29 PBT-0.270.50 PL 1.402.18 -36 NP-0.180.33 PL 0.851.42 -40

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