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Abhishek Corporation reports net loss of Rs 22.48 crore in the March 2014 quarter

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Capital Market

Sales rise 489.32% to Rs 6.07 crore

Net Loss of Abhishek Corporation reported to Rs 22.48 crore in the quarter ended March 2014 as against net loss of Rs 15.89 crore during the previous quarter ended March 2013. Sales rose 489.32% to Rs 6.07 crore in the quarter ended March 2014 as against Rs 1.03 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 78.45 crore in the year ended March 2014 as against net loss of Rs 65.03 crore during the previous year ended March 2013. Sales declined 13.49% to Rs 22.38 crore in the year ended March 2014 as against Rs 25.87 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales6.071.03 489 22.3825.87 -13 OPM %-79.74-266.99 --50.31-33.40 - PBDT-18.76-12.14 -55 -63.48-49.99 -27 PBT-22.48-15.89 -41 -78.45-65.03 -21 NP-22.48-15.89 -41 -78.45-65.03 -21

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First Published: May 16 2014 | 4:42 PM IST

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