Tips Industries reports standalone net loss of Rs 7.67 crore in the March 2015 quarter

Sales rise 12.44% to Rs 10.21 crore

Net Loss of Tips Industries reported to Rs 7.67 crore in the quarter ended March 2015 as against net loss of Rs 0.70 crore during the previous quarter ended March 2014. Sales rose 12.44% to Rs 10.21 crore in the quarter ended March 2015 as against Rs 9.08 crore during the previous quarter ended March 2014.

For the full year,net profit reported to Rs 2.70 crore in the year ended March 2015 as against net loss of Rs 16.24 crore during the previous year ended March 2014. Sales declined 1.27% to Rs 102.35 crore in the year ended March 2015 as against Rs 103.67 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales10.219.08 12 102.35103.67 -1 OPM %-64.6423.79 -14.81-5.06 - PBDT-9.380.49 PL 5.06-13.63 LP PBT-9.810.03 PL 3.31-15.51 LP NP-7.67-0.70 -996 2.70-16.24 LP

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