IP Rings reports net loss of Rs 1.91 crore in the December 2013 quarter

Sales decline 3.72% to Rs 20.17 crore

Net Loss of IP Rings reported to Rs 1.91 crore in the quarter ended December 2013 as against net loss of Rs 1.16 crore during the previous quarter ended December 2012. Sales declined 3.72% to Rs 20.17 crore in the quarter ended December 2013 as against Rs 20.95 crore during the previous quarter ended December 2012. ParticularsQuarter EndedDec. 2013Dec. 2012% Var.Sales20.1720.95 -4 OPM %13.984.25 -PBDT1.08-0.62 LP PBT-0.68-2.19 69 NP-1.91-1.16 -65

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