Sales decline 52.94% to Rs 78.80 crore
Net Loss of Micro Technologies (India) reported to Rs 13.93 crore in the quarter ended March 2013 as against net loss of Rs 6.85 crore during the previous quarter ended March 2012. Sales declined 52.94% to Rs 78.80 crore in the quarter ended March 2013 as against Rs 167.43 crore during the previous quarter ended March 2012.For the Audited full year,net profit declined 94.49% to Rs 1.51 crore in the year ended March 2013 as against Rs 27.38 crore during the previous year ended March 2012. Sales declined 11.25% to Rs 404.22 crore in the year ended March 2013 as against Rs 455.48 crore during the previous year ended March 2012.
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