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Banco Products (India) reports consolidated net loss of Rs 2.59 crore in the March 2015 quarter

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Capital Market

Sales decline 10.92% to Rs 246.42 crore

Net loss of Banco Products (India) reported to Rs 2.59 crore in the quarter ended March 2015 as against net profit of Rs 9.35 crore during the previous quarter ended March 2014. Sales declined 10.92% to Rs 246.42 crore in the quarter ended March 2015 as against Rs 276.64 crore during the previous quarter ended March 2014.

For the full year,net profit declined 2.42% to Rs 87.65 crore in the year ended March 2015 as against Rs 89.82 crore during the previous year ended March 2014. Sales declined 2.83% to Rs 1111.56 crore in the year ended March 2015 as against Rs 1143.95 crore during the previous year ended March 2014.

 
ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales246.42276.64 -11 1111.561143.95 -3 OPM %0.9512.18 -8.8114.41 - PBDT9.5725.88 -63 146.67154.07 -5 PBT0.1117.99 -99 112.84121.70 -7 NP-2.599.35 PL 87.6589.82 -2

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First Published: May 26 2015 | 8:36 AM IST

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