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Welspun Investments & Commercials reports net loss of Rs 11.98 crore in the March 2014 quarter

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Capital Market

Sales decline 99.45% to Rs 0.01 crore

Net loss of Welspun Investments & Commercials reported to Rs 11.98 crore in the quarter ended March 2014 as against net profit of Rs 0.10 crore during the previous quarter ended March 2013. Sales declined 99.45% to Rs 0.01 crore in the quarter ended March 2014 as against Rs 1.81 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 11.86 crore in the year ended March 2014 as against net profit of Rs 0.52 crore during the previous year ended March 2013. Sales declined 61.38% to Rs 1.12 crore in the year ended March 2014 as against Rs 2.90 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales0.011.81 -99 1.122.90 -61 OPM %-119800.004.97 --1058.9330.69 - PBDT-11.980.09 PL -11.860.55 PL PBT-11.980.09 PL -11.860.55 PL NP-11.980.10 PL -11.860.52 PL

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First Published: May 20 2014 | 8:11 AM IST

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