Atlas Cycles (Haryana) reports net loss of Rs 3.50 crore in the September 2013 quarter

Sales decline 13.38% to Rs 170.56 crore

Net loss of Atlas Cycles (Haryana) reported to Rs 3.50 crore in the quarter ended September 2013 as against net profit of Rs 0.82 crore during the previous quarter ended September 2012. Sales declined 13.38% to Rs 170.56 crore in the quarter ended September 2013 as against Rs 196.91 crore during the previous quarter ended September 2012. ParticularsQuarter EndedSep. 2013Sep. 2012% Var.Sales170.56196.91 -13 OPM %0.132.51 -PBDT-1.952.74 PL PBT-3.501.17 PL NP-3.500.82 PL

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