Foster Engineering Industries reports net loss of Rs 0.01 crore in the March 2014 quarter

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Sales decline 60.26% to Rs 0.31 crore
Net loss of Foster Engineering Industries reported to Rs 0.01 crore in the quarter ended March 2014 as against net profit of Rs 0.01 crore during the previous quarter ended March 2013. Sales declined 60.26% to Rs 0.31 crore in the quarter ended March 2014 as against Rs 0.78 crore during the previous quarter ended March 2013.For the full year,net profit declined 30.30% to Rs 0.23 crore in the year ended March 2014 as against Rs 0.33 crore during the previous year ended March 2013. Sales declined 31.33% to Rs 1.14 crore in the year ended March 2014 as against Rs 1.66 crore during the previous year ended March 2013.
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First Published: May 27 2014 | 4:35 PM IST