T & I Global reports net loss of Rs 1.50 crore in the March 2014 quarter

Sales decline 3.35% to Rs 23.08 crore

Net loss of T & I Global reported to Rs 1.50 crore in the quarter ended March 2014 as against net profit of Rs 1.00 crore during the previous quarter ended March 2013. Sales declined 3.35% to Rs 23.08 crore in the quarter ended March 2014 as against Rs 23.88 crore during the previous quarter ended March 2013.

For the full year,net profit declined 78.88% to Rs 0.49 crore in the year ended March 2014 as against Rs 2.32 crore during the previous year ended March 2013. Sales declined 9.85% to Rs 65.83 crore in the year ended March 2014 as against Rs 73.02 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales23.0823.88 -3 65.8373.02 -10 OPM %-1.825.28 -2.574.27 - PBDT-0.291.19 PL 2.084.15 -50 PBT-0.661.00 PL 1.333.42 -61 NP-1.501.00 PL 0.492.32 -79

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