Tips Industries reports net loss of Rs 0.70 crore in the March 2014 quarter

Sales decline 91.83% to Rs 9.08 crore

Net loss of Tips Industries reported to Rs 0.70 crore in the quarter ended March 2014 as against net profit of Rs 8.63 crore during the previous quarter ended March 2013. Sales declined 91.83% to Rs 9.08 crore in the quarter ended March 2014 as against Rs 111.18 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 16.24 crore in the year ended March 2014 as against net profit of Rs 11.69 crore during the previous year ended March 2013. Sales declined 23.32% to Rs 103.67 crore in the year ended March 2014 as against Rs 135.19 crore during the previous year ended March 2013.

 

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales9.08111.18 -92 103.67135.19 -23 OPM %23.7911.45 --5.0614.59 - PBDT0.4911.17 -96 -13.6316.23 PL PBT0.0310.74 -100 -15.5114.57 PL NP-0.708.63 PL -16.2411.69 PL

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