Sanghvi Forging & Engineering reports net loss of Rs 0.68 crore in the March 2014 quarter

Sales rise 10.43% to Rs 18.96 crore

Net Loss of Sanghvi Forging & Engineering reported to Rs 0.68 crore in the quarter ended March 2014 as against net loss of Rs 1.44 crore during the previous quarter ended March 2013. Sales rose 10.43% to Rs 18.96 crore in the quarter ended March 2014 as against Rs 17.17 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 7.78 crore in the year ended March 2014 as against net profit of Rs 1.37 crore during the previous year ended March 2013. Sales rose 20.14% to Rs 52.92 crore in the year ended March 2014 as against Rs 44.05 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales18.9617.17 10 52.9244.05 20 OPM %12.500.29 -11.6414.69 - PBDT-1.08-0.85 -27 -2.813.82 PL PBT-2.86-1.37 -109 -9.961.89 PL NP-0.68-1.44 53 -7.781.37 PL

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