Vax Housing Finance Corporation net profit declines 91.67% in the December 2013 quarter

Sales decline 58.13% to Rs 2.06 crore

Net profit of Vax Housing Finance Corporation declined 91.67% to Rs 0.01 crore in the quarter ended December 2013 as against Rs 0.12 crore during the previous quarter ended December 2012. Sales declined 58.13% to Rs 2.06 crore in the quarter ended December 2013 as against Rs 4.92 crore during the previous quarter ended December 2012. ParticularsQuarter EndedDec. 2013Dec. 2012% Var.Sales2.064.92 -58 OPM %0.490.20 -PBDT0.010.12 -92 PBT0.010.12 -92 NP0.010.12 -92

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