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Lanco Infratech reports net loss of Rs 469.66 crore in the March 2014 quarter

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Capital Market

Sales decline 37.65% to Rs 713.47 crore

Net loss of Lanco Infratech reported to Rs 469.66 crore in the quarter ended March 2014 as against net profit of Rs 142.77 crore during the previous quarter ended March 2013. Sales declined 37.65% to Rs 713.47 crore in the quarter ended March 2014 as against Rs 1144.26 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 959.99 crore in the year ended March 2014 as against net profit of Rs 13.34 crore during the previous year ended March 2013. Sales declined 52.85% to Rs 2229.90 crore in the year ended March 2014 as against Rs 4729.41 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales713.471144.26 -38 2229.904729.41 -53 OPM %-45.1725.80 --14.2213.88 - PBDT-432.86170.71 PL -841.85137.72 PL PBT-460.29139.66 PL -959.0910.23 PL NP-469.66142.77 PL -959.9913.34 PL

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First Published: May 24 2014 | 5:03 PM IST

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