Orbit Corporation reports net loss of Rs 82.31 crore in the March 2014 quarter

Sales reported at Rs -23.95 crore

Net Loss of Orbit Corporation reported to Rs 82.31 crore in the quarter ended March 2014 as against net loss of Rs 13.48 crore during the previous quarter ended March 2013. Sales reported to Rs -23.95 crore in the quarter ended March 2014 as against Rs 20.11 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 148.93 crore in the year ended March 2014 as against net loss of Rs 4.23 crore during the previous year ended March 2013. Sales declined 86.19% to Rs 29.04 crore in the year ended March 2014 as against Rs 210.29 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales-23.9520.11 PL 29.04210.29 -86 OPM %280.2176.33 --186.1656.32 - PBDT-120.49-17.30 -596 -213.32-15.70 -1259 PBT-121.53-18.44 -559 -217.40-20.16 -978 NP-82.31-13.48 -511 -148.93-4.23 -3421

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