PVP Ventures reports net loss of Rs 5.72 crore in the March 2014 quarter

Sales decline 64.07% to Rs 8.20 crore

Net loss of PVP Ventures reported to Rs 5.72 crore in the quarter ended March 2014 as against net profit of Rs 11.66 crore during the previous quarter ended March 2013. Sales declined 64.07% to Rs 8.20 crore in the quarter ended March 2014 as against Rs 22.82 crore during the previous quarter ended March 2013.

For the full year,net profit declined 77.90% to Rs 8.02 crore in the year ended March 2014 as against Rs 36.29 crore during the previous year ended March 2013. Sales rose 32.87% to Rs 63.47 crore in the year ended March 2014 as against Rs 47.77 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales8.2022.82 -64 63.4747.77 33 OPM %10.6176.07 -51.6974.06 - PBDT-5.9017.46 PL 14.0641.67 -66 PBT-5.9717.43 PL 13.8541.52 -67 NP-5.7211.66 PL 8.0236.29 -78

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