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Nicco Corporation reports net loss of Rs 12.47 crore in the March 2014 quarter

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Capital Market

Sales decline 27.79% to Rs 54.61 crore

Net loss of Nicco Corporation reported to Rs 12.47 crore in the quarter ended March 2014 as against net profit of Rs 0.62 crore during the previous quarter ended March 2013. Sales declined 27.79% to Rs 54.61 crore in the quarter ended March 2014 as against Rs 75.63 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 32.84 crore in the year ended March 2014 as against net loss of Rs 25.03 crore during the previous year ended March 2013. Sales declined 8.14% to Rs 223.39 crore in the year ended March 2014 as against Rs 243.18 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales54.6175.63 -28 223.39243.18 -8 OPM %-3.4415.67 -3.7910.01 - PBDT-10.952.21 PL -26.66-15.49 -72 PBT-12.470.62 PL -32.84-21.89 -50 NP-12.470.62 PL -32.84-25.03 -31

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First Published: May 17 2014 | 4:40 PM IST

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