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Upsurge Investment & Finance reports standalone net loss of Rs 1.06 crore in the March 2015 quarter

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Capital Market

Sales decline 12.73% to Rs 2.33 crore

Net Loss of Upsurge Investment & Finance reported to Rs 1.06 crore in the quarter ended March 2015 as against net loss of Rs 0.46 crore during the previous quarter ended March 2014. Sales declined 12.73% to Rs 2.33 crore in the quarter ended March 2015 as against Rs 2.67 crore during the previous quarter ended March 2014.

For the full year,net profit rose 30.00% to Rs 0.13 crore in the year ended March 2015 as against Rs 0.10 crore during the previous year ended March 2014. Sales rose 197.90% to Rs 28.36 crore in the year ended March 2015 as against Rs 9.52 crore during the previous year ended March 2014.

 
ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales2.332.67 -13 28.369.52 198 OPM %-54.51-16.85 -0.741.37 - PBDT-1.27-0.45 -182 0.210.13 62 PBT-1.28-0.46 -178 0.150.10 50 NP-1.06-0.46 -130 0.130.10 30

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First Published: May 22 2015 | 4:43 PM IST

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