Pioneer Investcorp reports net loss of Rs 0.77 crore in the March 2014 quarter

Sales decline 37.04% to Rs 6.46 crore

Net loss of Pioneer Investcorp reported to Rs 0.77 crore in the quarter ended March 2014 as against net profit of Rs 6.88 crore during the previous quarter ended March 2013. Sales declined 37.04% to Rs 6.46 crore in the quarter ended March 2014 as against Rs 10.26 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 12.41 crore in the year ended March 2014 as against net profit of Rs 2.82 crore during the previous year ended March 2013. Sales rose 1.98% to Rs 26.74 crore in the year ended March 2014 as against Rs 26.22 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales6.4610.26 -37 26.7426.22 2 OPM %28.0264.72 -35.86-12.62 - PBDT0.752.81 -73 2.365.93 -60 PBT0.402.09 -81 0.923.55 -74 NP-0.776.88 PL -12.412.82 PL

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