Organic Coatings reports net loss of Rs 4.34 crore in the March 2014 quarter

Sales decline 2.73% to Rs 9.97 crore

Net Loss of Organic Coatings reported to Rs 4.34 crore in the quarter ended March 2014 as against net loss of Rs 1.32 crore during the previous quarter ended March 2013. Sales declined 2.73% to Rs 9.97 crore in the quarter ended March 2014 as against Rs 10.25 crore during the previous quarter ended March 2013.

For the full year,net profit reported to Rs 4.19 crore in the year ended March 2014 as against net loss of Rs 6.29 crore during the previous year ended March 2013. Sales declined 7.67% to Rs 41.77 crore in the year ended March 2014 as against Rs 45.24 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales9.9710.25 -3 41.7745.24 -8 OPM %-23.970.59 --3.85-1.22 - PBDT-3.58-0.87 -311 7.87-4.38 LP PBT-3.96-1.32 -200 6.24-6.23 LP NP-4.34-1.32 -229 4.19-6.29 LP

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