Virinchi Technologies reports net loss of Rs 2.18 crore in the March 2014 quarter

Sales rise 31.95% to Rs 15.94 crore

Net Loss of Virinchi Technologies reported to Rs 2.18 crore in the quarter ended March 2014 as against net loss of Rs 0.02 crore during the previous quarter ended March 2013. Sales rose 31.95% to Rs 15.94 crore in the quarter ended March 2014 as against Rs 12.08 crore during the previous quarter ended March 2013.

For the full year,net profit declined 32.04% to Rs 1.40 crore in the year ended March 2014 as against Rs 2.06 crore during the previous year ended March 2013. Sales rose 50.47% to Rs 64.01 crore in the year ended March 2014 as against Rs 42.54 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales15.9412.08 32 64.0142.54 50 OPM %2.7614.57 -15.2024.92 - PBDT-0.381.53 PL 9.539.65 -1 PBT-1.830.41 PL 2.213.23 -32 NP-2.18-0.02 -10800 1.402.06 -32

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