MIRC Electronics reports net loss of Rs 6.55 crore in the March 2014 quarter

Sales decline 8.37% to Rs 310.12 crore

Net loss of MIRC Electronics reported to Rs 6.55 crore in the quarter ended March 2014 as against net profit of Rs 12.20 crore during the previous quarter ended March 2013. Sales declined 8.37% to Rs 310.12 crore in the quarter ended March 2014 as against Rs 338.44 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 59.97 crore in the year ended March 2014 as against net loss of Rs 28.64 crore during the previous year ended March 2013. Sales declined 0.59% to Rs 1293.26 crore in the year ended March 2014 as against Rs 1300.90 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales310.12338.44 -8 1293.261300.90 -1 OPM %2.032.83 --0.720.43 - PBDT-3.120.40 PL -45.64-31.09 -47 PBT-6.55-3.25 -102 -59.97-46.88 -28 NP-6.5512.20 PL -59.97-28.64 -109

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