ABG Shipyard reports net loss of Rs 49.00 crore in the March 2014 quarter

Sales decline 0.77% to Rs 389.00 crore

Net loss of ABG Shipyard reported to Rs 49.00 crore in the quarter ended March 2014 as against net profit of Rs 15.00 crore during the previous quarter ended March 2013. Sales declined 0.77% to Rs 389.00 crore in the quarter ended March 2014 as against Rs 392.00 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 199.00 crore in the year ended March 2014 as against net profit of Rs 108.00 crore during the previous year ended March 2013. Sales declined 28.13% to Rs 1469.00 crore in the year ended March 2014 as against Rs 2044.00 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales389.00392.00 -1 1469.002044.00 -28 OPM %8.4839.80 -29.7531.21 - PBDT-122.0063.00 PL -132.00278.00 PL PBT-146.0037.00 PL -224.00174.00 PL NP-49.0015.00 PL -199.00108.00 PL

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