Ritesh Properties & Industries reports net loss of Rs 0.51 crore in the March 2014 quarter

Sales rise 11.76% to Rs 2.85 crore

Net loss of Ritesh Properties & Industries reported to Rs 0.51 crore in the quarter ended March 2014 as against net profit of Rs 0.39 crore during the previous quarter ended March 2013. Sales rose 11.76% to Rs 2.85 crore in the quarter ended March 2014 as against Rs 2.55 crore during the previous quarter ended March 2013.

For the full year,net profit rose 163.29% to Rs 2.08 crore in the year ended March 2014 as against Rs 0.79 crore during the previous year ended March 2013. Sales rose 34.64% to Rs 9.99 crore in the year ended March 2014 as against Rs 7.42 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales2.852.55 12 9.997.42 35 OPM %-22.4611.76 -2.4014.02 - PBDT0.130.54 -76 1.301.23 6 PBT0.090.47 -81 1.090.96 14 NP-0.510.39 PL 2.080.79 163

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