Majestic Auto reports net loss of Rs 6.44 crore in the June 2013 quarter

Sales decline 50.82% to Rs 21.51 crore

Net Loss of Majestic Auto reported to Rs 6.44 crore in the quarter ended June 2013 as against net loss of Rs 1.58 crore during the previous quarter ended June 2012. Sales declined 50.82% to Rs 21.51 crore in the quarter ended June 2013 as against Rs 43.74 crore during the previous quarter ended June 2012. ParticularsQuarter EndedJun. 2013Jun. 2012% Var.Sales21.5143.74 -51 OPM %-1.4413.47 -PBDT-5.031.92 PL PBT-8.78-1.49 -489 NP-6.44-1.58 -308

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