Nouveau Global Ventures reports net loss of Rs 0.10 crore in the March 2014 quarter

Sales decline 52.72% to Rs 5.13 crore

Net loss of Nouveau Global Ventures reported to Rs 0.10 crore in the quarter ended March 2014 as against net profit of Rs 0.17 crore during the previous quarter ended March 2013. Sales declined 52.72% to Rs 5.13 crore in the quarter ended March 2014 as against Rs 10.85 crore during the previous quarter ended March 2013.

For the full year,net profit declined 26.09% to Rs 0.17 crore in the year ended March 2014 as against Rs 0.23 crore during the previous year ended March 2013. Sales declined 16.27% to Rs 9.52 crore in the year ended March 2014 as against Rs 11.37 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear Ended Mar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales5.1310.85 -53 9.5211.37 -16 OPM %-0.972.67 -4.733.78 - PBDT-0.130.27 PL 0.360.41 -12 PBT-0.160.25 PL 0.230.33 -30 NP-0.100.17 PL 0.170.23 -26

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