Nitco reports net loss of Rs 56.93 crore in the March 2014 quarter

Sales rise 9.46% to Rs 198.81 crore

Net Loss of Nitco reported to Rs 56.93 crore in the quarter ended March 2014 as against net loss of Rs 34.79 crore during the previous quarter ended March 2013. Sales rose 9.46% to Rs 198.81 crore in the quarter ended March 2014 as against Rs 181.62 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 211.23 crore in the year ended March 2014 as against net loss of Rs 231.34 crore during the previous year ended March 2013. Sales declined 1.59% to Rs 756.87 crore in the year ended March 2014 as against Rs 769.07 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales198.81181.62 9 756.87769.07 -2 OPM %-5.32-5.92 --3.43-5.25 - PBDT-46.59-25.11 -86 -169.24-191.31 12 PBT-56.93-34.79 -64 -211.23-231.34 9 NP-56.93-34.79 -64 -211.23-231.34 9

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