Varun Shipping Company reports net loss of Rs 47.72 crore in the March 2013 quarter

Sales decline 43.53% to Rs 45.38 crore

Net Loss of Varun Shipping Company reported to Rs 47.72 crore in the quarter ended March 2013 as against net loss of Rs 138.46 crore during the previous quarter ended March 2012. Sales declined 43.53% to Rs 45.38 crore in the quarter ended March 2013 as against Rs 80.36 crore during the previous quarter ended March 2012. ParticularsQuarter EndedMar. 2013Mar. 2012% Var.Sales45.3880.36 -44 OPM %-1.7473.61 -102 PBDT-29.7529.67 PL PBT-46.537.12 PL NP-47.72-138.46 66

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