Majestic Auto reports net loss of Rs 4.53 crore in the March 2013 quarter

Net loss of Majestic Auto reported to Rs 4.53 crore in the quarter ended March 2013 as against net profit of Rs 10.36 crore during the previous quarter ended March 2012. Sales declined 34.23% to Rs 24.96 crore in the quarter ended March 2013 as against Rs 37.95 crore during the previous quarter ended March 2012.

For the Audited full year,net loss reported to Rs 5.85 crore in the year ended March 2013 as against net profit of Rs 19.15 crore during the previous year ended March 2012. Sales declined 11.12% to Rs 131.66 crore in the year ended March 2013 as against Rs 148.14 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales24.9637.95 -34 131.66148.14 -11 OPM %2.1613.86 -84 6.1910.48 -41 PBDT-1.9013.16 PL 3.8329.29 -87 PBT-7.509.72 PL -10.8916.59 PL NP-4.5310.36 PL -5.8519.15 PL

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