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Upsurge Investment & Finance reports net loss of Rs 0.46 crore in the March 2014 quarter

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Capital Market

Sales decline 69.03% to Rs 2.67 crore

Net Loss of Upsurge Investment & Finance reported to Rs 0.46 crore in the quarter ended March 2014 as against net loss of Rs 0.32 crore during the previous quarter ended March 2013. Sales declined 69.03% to Rs 2.67 crore in the quarter ended March 2014 as against Rs 8.62 crore during the previous quarter ended March 2013.

For the full year,net profit reported to Rs 0.10 crore in the year ended March 2014 as against net loss of Rs 0.06 crore during the previous year ended March 2013. Sales declined 51.77% to Rs 9.52 crore in the year ended March 2014 as against Rs 19.74 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales2.678.62 -69 9.5219.74 -52 OPM %-16.85-3.48 -1.370.15 - PBDT-0.45-0.31 -45 0.13-0.02 LP PBT-0.46-0.32 -44 0.10-0.06 LP NP-0.46-0.32 -44 0.10-0.06 LP

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First Published: May 27 2014 | 4:34 PM IST

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