Orbit Corporation reports net loss of Rs 24.17 crore in the December 2013 quarter

Sales decline 88.68% to Rs 4.70 crore

Net loss of Orbit Corporation reported to Rs 24.17 crore in the quarter ended December 2013 as against net profit of Rs 8.40 crore during the previous quarter ended December 2012. Sales declined 88.68% to Rs 4.70 crore in the quarter ended December 2013 as against Rs 41.53 crore during the previous quarter ended December 2012. ParticularsQuarter EndedDec. 2013Dec. 2012% Var.Sales4.7041.53 -89 OPM %-20.6479.68 -PBDT-34.35-1.92 -1689 PBT-35.40-3.05 -1061 NP-24.178.40 PL

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