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REI Agro reports net loss of Rs 49.70 crore in the March 2014 quarter

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Capital Market

Sales decline 60.92% to Rs 512.12 crore

Net loss of REI Agro reported to Rs 49.70 crore in the quarter ended March 2014 as against net profit of Rs 67.74 crore during the previous quarter ended March 2013. Sales declined 60.92% to Rs 512.12 crore in the quarter ended March 2014 as against Rs 1310.29 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 38.35 crore in the year ended March 2014 as against net profit of Rs 211.01 crore during the previous year ended March 2013. Sales declined 11.12% to Rs 4523.25 crore in the year ended March 2014 as against Rs 5089.09 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales512.121310.29 -61 4523.255089.09 -11 OPM %28.2018.83 -14.1017.53 - PBDT17.40112.04 -84 79.47323.79 -75 PBT-0.6096.27 PL 10.88259.73 -96 NP-49.7067.74 PL -38.35211.01 PL

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First Published: Jun 05 2014 | 3:32 PM IST

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