Sales decline 2.97% to Rs 177.03 crore
Net loss of Ramco Industries reported to Rs 4.19 crore in the quarter ended March 2014 as against net profit of Rs 12.61 crore during the previous quarter ended March 2013. Sales declined 2.97% to Rs 177.03 crore in the quarter ended March 2014 as against Rs 182.45 crore during the previous quarter ended March 2013.For the full year,net loss reported to Rs 6.00 crore in the year ended March 2014 as against net profit of Rs 54.49 crore during the previous year ended March 2013. Sales declined 14.51% to Rs 668.63 crore in the year ended March 2014 as against Rs 782.10 crore during the previous year ended March 2013.
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