S Mobility reports standalone net loss of Rs 3.69 crore in the June 2014 quarter

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Sales decline 99.96% to Rs 0.07 crore
Net loss of S Mobility reported to Rs 3.69 crore in the quarter ended June 2014 as against net profit of Rs 5.32 crore during the previous quarter ended June 2013. Sales declined 99.96% to Rs 0.07 crore in the quarter ended June 2014 as against Rs 176.19 crore during the previous quarter ended June 2013.For the full year,net profit declined 92.76% to Rs 4.53 crore in the year ended June 2014 as against Rs 62.57 crore during the previous year ended June 2013. Sales declined 90.40% to Rs 68.16 crore in the year ended June 2014 as against Rs 709.79 crore during the previous year ended June 2013.
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First Published: Sep 02 2014 | 10:14 AM IST