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Orbit Corporation reports net loss of Rs 24.02 crore in the September 2013 quarter

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Capital Market

Sales decline 65.40% to Rs 30.08 crore

Net loss of Orbit Corporation reported to Rs 24.02 crore in the quarter ended September 2013 as against net profit of Rs 6.15 crore during the previous quarter ended September 2012. Sales declined 65.40% to Rs 30.08 crore in the quarter ended September 2013 as against Rs 86.94 crore during the previous quarter ended September 2012. ParticularsQuarter EndedSep. 2013Sep. 2012% Var.Sales30.0886.94 -65 OPM %24.2750.72 -PBDT-32.489.98 PL PBT-33.488.87 PL NP-24.026.15 PL

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First Published: Jan 08 2014 | 11:52 AM IST

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