Kinetic Engineering reports net loss of Rs 36.58 crore in the March 2014 quarter

Sales decline 21.38% to Rs 13.79 crore

Net loss of Kinetic Engineering reported to Rs 36.58 crore in the quarter ended March 2014 as against net profit of Rs 5.08 crore during the previous quarter ended March 2013. Sales declined 21.38% to Rs 13.79 crore in the quarter ended March 2014 as against Rs 17.54 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 59.00 crore in the year ended March 2014 as against net loss of Rs 13.57 crore during the previous year ended March 2013. Sales declined 28.51% to Rs 57.16 crore in the year ended March 2014 as against Rs 79.96 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales13.7917.54 -21 57.1679.96 -29 OPM %-51.05-60.26 --25.00-21.82 - PBDT-7.51-8.21 9 -19.82-20.06 1 PBT-9.61-10.41 8 -29.07-28.65 -1 NP-36.585.08 PL -59.00-13.57 -335

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