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HB Estate Developers reports net loss of Rs 7.90 crore in the March 2014 quarter

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Capital Market

Sales rise 373.31% to Rs 12.59 crore

Net Loss of HB Estate Developers reported to Rs 7.90 crore in the quarter ended March 2014 as against net loss of Rs 7.73 crore during the previous quarter ended March 2013. Sales rose 373.31% to Rs 12.59 crore in the quarter ended March 2014 as against Rs 2.66 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 44.79 crore in the year ended March 2014 as against net loss of Rs 6.81 crore during the previous year ended March 2013. Sales rose 476.01% to Rs 42.97 crore in the year ended March 2014 as against Rs 7.46 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales12.592.66 373 42.977.46 476 OPM %11.12-12.78 -2.2818.50 - PBDT-4.41-1.78 -148 -27.50-0.50 -5400 PBT-7.31-2.62 -179 -38.97-1.45 -2588 NP-7.90-7.73 -2 -44.79-6.81 -558

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First Published: May 24 2014 | 8:13 AM IST

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