Nitco reports net loss of Rs 34.79 crore in the March 2013 quarter

Net Loss of Nitco reported to Rs 34.79 crore in the quarter ended March 2013 as against net loss of Rs 72.42 crore during the previous quarter ended March 2012. Sales declined 0.73% to Rs 181.62 crore in the quarter ended March 2013 as against Rs 182.95 crore during the previous quarter ended March 2012.

For the Audited full year,net loss reported to Rs 231.34 crore in the year ended March 2013 as against net loss of Rs 55.45 crore during the previous year ended March 2012. Sales declined 8.32% to Rs 769.07 crore in the year ended March 2013 as against Rs 838.87 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales181.62182.95 -1 769.07838.87 -8 OPM %-5.92-4.16 -42 -5.2510.30 -151 PBDT-25.11-36.59 31 -191.3111.68 PL PBT-34.79-45.73 24 -231.34-20.98 -1003 NP-34.79-72.42 52 -231.34-55.45 -317

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