Hubtown reports net loss of Rs 5.76 crore in the March 2014 quarter

Sales decline 6.96% to Rs 84.12 crore

Net Loss of Hubtown reported to Rs 5.76 crore in the quarter ended March 2014 as against net loss of Rs 72.63 crore during the previous quarter ended March 2013. Sales declined 6.96% to Rs 84.12 crore in the quarter ended March 2014 as against Rs 90.41 crore during the previous quarter ended March 2013.

For the full year,net profit rose 15.59% to Rs 35.44 crore in the year ended March 2014 as against Rs 30.66 crore during the previous year ended March 2013. Sales rose 6.65% to Rs 347.05 crore in the year ended March 2014 as against Rs 325.42 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales84.1290.41 -7 347.05325.42 7 OPM %69.63-9.61 -83.5154.03 - PBDT-2.38-73.03 97 24.4033.45 -27 PBT-3.74-73.19 95 18.8327.72 -32 NP-5.76-72.63 92 35.4430.66 16

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