Kothari Industrial Corporation reports net loss of Rs 2.11 crore in the March 2014 quarter

Sales decline 37.94% to Rs 13.30 crore

Net Loss of Kothari Industrial Corporation reported to Rs 2.11 crore in the quarter ended March 2014 as against net loss of Rs 2.93 crore during the previous quarter ended March 2013. Sales declined 37.94% to Rs 13.30 crore in the quarter ended March 2014 as against Rs 21.43 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 8.63 crore in the year ended March 2014 as against net loss of Rs 2.09 crore during the previous year ended March 2013. Sales declined 25.57% to Rs 78.72 crore in the year ended March 2014 as against Rs 105.76 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales13.3021.43 -38 78.72105.76 -26 OPM %-16.17-8.82 --13.43-1.63 - PBDT-1.97-2.98 34 -8.10-1.74 -366 PBT-2.11-3.09 32 -8.63-2.16 -300 NP-2.11-2.93 28 -8.63-2.09 -313

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