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VLS Finance reports net loss of Rs 1.40 crore in the March 2013 quarter

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Capital Market
Net Loss of VLS Finance reported to Rs 1.40 crore in the quarter ended March 2013 as against net loss of Rs 0.33 crore during the previous quarter ended March 2012. Sales declined 50.78% to Rs 379.00 crore in the quarter ended March 2013 as against Rs 769.94 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 13.95% to Rs 1.85 crore in the year ended March 2013 as against Rs 2.15 crore during the previous year ended March 2012. Sales rose 8.75% to Rs 2322.13 crore in the year ended March 2013 as against Rs 2135.26 crore during the previous year ended March 2012.

 
ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales379.00769.94 -51 2322.132135.26 9 OPM %-0.25-0.24 -5 0.190.13 38 PBDT-1.07-0.57 -88 4.183.56 17 PBT-1.22-1.95 37 3.691.84 101 NP-1.40-0.33 -324 1.852.15 -14

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First Published: May 29 2013 | 11:49 AM IST

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