Nicco Corporation reports net loss of Rs 2.52 crore in the March 2013 quarter

Net Loss of Nicco Corporation reported to Rs 2.52 crore in the quarter ended March 2013 as against net loss of Rs 7.41 crore during the previous quarter ended March 2012. Sales rose 9.53% to Rs 75.63 crore in the quarter ended March 2013 as against Rs 69.05 crore during the previous quarter ended March 2012.

For the Audited full year,net loss reported to Rs 25.03 crore in the year ended March 2013 as against net loss of Rs 11.68 crore during the previous year ended March 2012. Sales declined 13.75% to Rs 243.18 crore in the year ended March 2013 as against Rs 281.95 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales75.6369.05 10 243.18281.95 -14 OPM %15.678.12 93 10.0111.65 -14 PBDT2.21-3.81 LP -15.49-2.15 -620 PBT0.62-5.44 LP -21.89-8.75 -150 NP-2.52-7.41 66 -25.03-11.68 -114

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