MVL Industries reports net loss of Rs 89.63 crore in the June 2012 quarter

Sales decline 75.77% to Rs 26.89 crore

Feb 23, 2014 08:02 IST capital market

Net loss of MVL Industries reported to Rs 89.63 crore in the quarter ended June 2012 as against net profit of Rs 5.29 crore during the previous quarter ended June 2011. Sales declined 75.77% to Rs 26.89 crore in the quarter ended June 2012 as against Rs 110.98 crore during the previous quarter ended June 2011.

For the Audited full year,net loss reported to Rs 85.11 crore in the year ended June 2012 as against net profit of Rs 16.97 crore during the previous year ended June 2011. Sales declined 20.05% to Rs 378.21 crore in the year ended June 2012 as against Rs 473.05 crore during the previous year ended June 2011.

ParticularsQuarter EndedYear Ended
 Jun. 2012Jun. 2011% Var.Jun. 2012Jun. 2011% Var.
Sales26.89110.98 -76 378.21473.05 -20
OPM %-96.8011.08 -973 0.367.67 -95
PBDT-45.485.60 PL -37.068.03 PL
PBT-45.625.44 PL -37.637.42 PL
NP-89.635.29 PL -85.1116.97 PL

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