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Sanghvi Movers reports net loss of Rs 6.50 crore in the December 2013 quarter

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Capital Market

Sales decline 23.08% to Rs 55.79 crore

Net loss of Sanghvi Movers reported to Rs 6.50 crore in the quarter ended December 2013 as against net profit of Rs 2.23 crore during the previous quarter ended December 2012. Sales declined 23.08% to Rs 55.79 crore in the quarter ended December 2013 as against Rs 72.53 crore during the previous quarter ended December 2012. ParticularsQuarter EndedDec. 2013Dec. 2012% Var.Sales55.7972.53 -23 OPM %35.6545.29 -PBDT9.6719.24 -50 PBT-9.623.30 PL NP-6.502.23 PL

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First Published: Feb 15 2014 | 5:51 PM IST

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