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ITI reports net loss of Rs 22.95 crore in the March 2014 quarter

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Capital Market

Sales decline 8.50% to Rs 274.78 crore

Net loss of ITI reported to Rs 22.95 crore in the quarter ended March 2014 as against net profit of Rs 109.59 crore during the previous quarter ended March 2013. Sales declined 8.50% to Rs 274.78 crore in the quarter ended March 2014 as against Rs 300.29 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 344.26 crore in the year ended March 2014 as against net loss of Rs 182.06 crore during the previous year ended March 2013. Sales declined 16.25% to Rs 705.46 crore in the year ended March 2014 as against Rs 842.31 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales274.78300.29 -8 705.46842.31 -16 OPM %-0.81-18.71 --34.56-34.26 - PBDT-21.03-64.81 68 -329.09-341.49 4 PBT-25.00-68.26 63 -346.31-359.81 4 NP-22.95109.59 PL -344.26-182.06 -89

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First Published: May 31 2014 | 12:51 PM IST

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