Hindustan Hardy Spicer reports net loss of Rs 0.07 crore in the March 2014 quarter

Sales decline 18.60% to Rs 12.21 crore

Net Loss of Hindustan Hardy Spicer reported to Rs 0.07 crore in the quarter ended March 2014 as against net loss of Rs 0.12 crore during the previous quarter ended March 2013. Sales declined 18.60% to Rs 12.21 crore in the quarter ended March 2014 as against Rs 15.00 crore during the previous quarter ended March 2013.

For the full year,net profit declined 4.55% to Rs 0.84 crore in the year ended March 2014 as against Rs 0.88 crore during the previous year ended March 2013. Sales declined 11.92% to Rs 47.50 crore in the year ended March 2014 as against Rs 53.93 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales12.2115.00 -19 47.5053.93 -12 OPM %2.293.60 -4.785.40 - PBDT0.100.25 -60 1.431.96 -27 PBT-0.110.05 PL 0.581.22 -52 NP-0.07-0.12 42 0.840.88 -5

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