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Sanghvi Movers reports net loss of Rs 1.43 crore in the March 2014 quarter

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Capital Market

Sales decline 13.20% to Rs 68.33 crore

Net loss of Sanghvi Movers reported to Rs 1.43 crore in the quarter ended March 2014 as against net profit of Rs 7.02 crore during the previous quarter ended March 2013. Sales declined 13.20% to Rs 68.33 crore in the quarter ended March 2014 as against Rs 78.72 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 14.50 crore in the year ended March 2014 as against net profit of Rs 40.93 crore during the previous year ended March 2013. Sales declined 27.24% to Rs 241.68 crore in the year ended March 2014 as against Rs 332.14 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales68.3378.72 -13 241.68332.14 -27 OPM %51.3862.82 -56.4769.77 - PBDT26.0336.59 -29 95.63176.58 -46 PBT-3.618.29 PL -22.9658.48 PL NP-1.437.02 PL -14.5040.93 PL

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First Published: May 30 2014 | 9:25 AM IST

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