Net 4 India reports net loss of Rs 85.57 crore in the March 2014 quarter

Sales decline 67.68% to Rs 30.20 crore

Net loss of Net 4 India reported to Rs 85.57 crore in the quarter ended March 2014 as against net profit of Rs 3.19 crore during the previous quarter ended March 2013. Sales declined 67.68% to Rs 30.20 crore in the quarter ended March 2014 as against Rs 93.44 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 199.99 crore in the year ended March 2014 as against net profit of Rs 15.66 crore during the previous year ended March 2013. Sales declined 68.55% to Rs 99.36 crore in the year ended March 2014 as against Rs 315.93 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales30.2093.44 -68 99.36315.93 -69 OPM %-266.8912.52 --186.8615.43 - PBDT-93.0010.37 PL -192.6542.63 PL PBT-97.964.73 PL -213.1123.18 PL NP-85.573.19 PL -199.9915.66 PL

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