Tips Industries reports net loss of Rs 22.32 crore in the September 2013 quarter

Sales rise 425.55% to Rs 42.99 crore

Net loss of Tips Industries reported to Rs 22.32 crore in the quarter ended September 2013 as against net profit of Rs 1.42 crore during the previous quarter ended September 2012. Sales rose 425.55% to Rs 42.99 crore in the quarter ended September 2013 as against Rs 8.18 crore during the previous quarter ended September 2012. ParticularsQuarter EndedSep. 2013Sep. 2012% Var.Sales42.998.18 426 OPM %-44.6832.52 -PBDT-21.932.19 PL PBT-22.401.78 PL NP-22.321.42 PL

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