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Bang Overseas reports net loss of Rs 16.48 crore in the March 2014 quarter

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Capital Market

Sales decline 29.10% to Rs 50.89 crore

Net Loss of Bang Overseas reported to Rs 16.48 crore in the quarter ended March 2014 as against net loss of Rs 1.28 crore during the previous quarter ended March 2013. Sales declined 29.10% to Rs 50.89 crore in the quarter ended March 2014 as against Rs 71.78 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 16.20 crore in the year ended March 2014 as against net profit of Rs 1.02 crore during the previous year ended March 2013. Sales declined 31.05% to Rs 162.65 crore in the year ended March 2014 as against Rs 235.89 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales50.8971.78 -29 162.65235.89 -31 OPM %5.310.06 -3.202.28 - PBDT2.280.21 986 3.464.39 -21 PBT1.94-0.14 LP 2.223.14 -29 NP-16.48-1.28 -1188 -16.201.02 PL

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First Published: Jun 03 2014 | 11:35 AM IST

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