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Sturdy Industries reports net loss of Rs 16.83 crore in the March 2014 quarter

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Capital Market

Sales decline 66.09% to Rs 114.54 crore

Net loss of Sturdy Industries reported to Rs 16.83 crore in the quarter ended March 2014 as against net profit of Rs 1.99 crore during the previous quarter ended March 2013. Sales declined 66.09% to Rs 114.54 crore in the quarter ended March 2014 as against Rs 337.81 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 21.93 crore in the year ended March 2014 as against net profit of Rs 1.55 crore during the previous year ended March 2013. Sales rose 3.02% to Rs 861.80 crore in the year ended March 2014 as against Rs 836.51 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales114.54337.81 -66 861.80836.51 3 OPM %-9.322.50 -0.522.65 - PBDT-15.595.00 PL -15.089.20 PL PBT-16.832.48 PL -20.084.24 PL NP-16.831.99 PL -21.931.55 PL

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First Published: Jun 17 2014 | 9:47 AM IST

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