HOV Services reports net loss of Rs 0.20 crore in the December 2013 quarter

Sales rise 2.48% to Rs 3.30 crore

Net loss of HOV Services reported to Rs 0.20 crore in the quarter ended December 2013 as against net profit of Rs 0.60 crore during the previous quarter ended December 2012. Sales rose 2.48% to Rs 3.30 crore in the quarter ended December 2013 as against Rs 3.22 crore during the previous quarter ended December 2012.

For the full year,net profit declined 26.76% to Rs 1.04 crore in the year ended December 2013 as against Rs 1.42 crore during the previous year ended December 2012. Sales rose 11.53% to Rs 12.67 crore in the year ended December 2013 as against Rs 11.36 crore during the previous year ended December 2012.

ParticularsQuarter EndedYear EndedDec. 2013Dec. 2012% Var.Dec. 2013Dec. 2012% Var.Sales3.303.22 2 12.6711.36 12 OPM %-4.5522.36 -11.689.24 - PBDT-0.031.04 PL 2.012.52 -20 PBT-0.120.96 PL 1.692.18 -22 NP-0.200.60 PL 1.041.42 -27

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