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Mahalaxmi Seamless reports net loss of Rs 0.70 crore in the March 2014 quarter

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Capital Market

Sales rise 24.43% to Rs 4.33 crore

Net Loss of Mahalaxmi Seamless reported to Rs 0.70 crore in the quarter ended March 2014 as against net loss of Rs 2.69 crore during the previous quarter ended March 2013. Sales rose 24.43% to Rs 4.33 crore in the quarter ended March 2014 as against Rs 3.48 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 3.41 crore in the year ended March 2014 as against net loss of Rs 3.48 crore during the previous year ended March 2013. Sales declined 43.58% to Rs 14.50 crore in the year ended March 2014 as against Rs 25.70 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales4.333.48 24 14.5025.70 -44 OPM %-15.24-68.68 --12.14-7.67 - PBDT-0.91-1.81 50 -2.60-2.26 -15 PBT-0.70-2.69 74 -3.26-3.43 5 NP-0.70-2.69 74 -3.41-3.48 2

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First Published: Jul 11 2014 | 1:34 PM IST

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