Smruthi Organics reports net loss of Rs 2.17 crore in the March 2013 quarter

Net loss of Smruthi Organics reported to Rs 2.17 crore in the quarter ended March 2013 as against net profit of Rs 1.42 crore during the previous quarter ended March 2012. Sales declined 66.50% to Rs 17.91 crore in the quarter ended March 2013 as against Rs 53.47 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 40.32% to Rs 6.35 crore in the year ended March 2013 as against Rs 10.64 crore during the previous year ended March 2012. Sales declined 12.17% to Rs 179.01 crore in the year ended March 2013 as against Rs 203.82 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear Ended Mar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales17.9153.47 -67 179.01203.82 -12 OPM %-5.088.72 -158 10.6012.64 -16 PBDT-1.953.51 PL 15.3720.58 -25 PBT-3.232.39 PL 10.0816.05 -37 NP-2.171.42 PL 6.3510.64 -40

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