Shree Ganesh Forgings reports net loss of Rs 18.41 crore in the March 2013 quarter

Sales decline 75.30% to Rs 0.41 crore

Net Loss of Shree Ganesh Forgings reported to Rs 18.41 crore in the quarter ended March 2013 as against net loss of Rs 8.18 crore during the previous quarter ended March 2012. Sales declined 75.30% to Rs 0.41 crore in the quarter ended March 2013 as against Rs 1.66 crore during the previous quarter ended March 2012.

For the full year,net loss reported to Rs 20.23 crore in the year ended March 2013 as against net loss of Rs 10.00 crore during the previous year ended March 2012. Sales declined 8.90% to Rs 2.15 crore in the year ended March 2013 as against Rs 2.36 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales0.411.66 -75 2.152.36 -9 OPM %-4043.90-480.12 --804.19-386.44 - PBDT-16.55-7.96 -108 -17.39-9.13 -90 PBT-18.41-8.84 -108 -21.02-10.90 -93 NP-18.41-8.18 -125 -20.23-10.00 -102

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