Varun Industries reports net loss of Rs 21.64 crore in the March 2013 quarter

Sales decline 83.27% to Rs 50.63 crore

Feb 24, 2014 11:02 IST capital market

Net Loss of Varun Industries reported to Rs 21.64 crore in the quarter ended March 2013 as against net loss of Rs 207.50 crore during the previous quarter ended March 2012. Sales declined 83.27% to Rs 50.63 crore in the quarter ended March 2013 as against Rs 302.67 crore during the previous quarter ended March 2012.

For the Audited full year,net loss reported to Rs 34.48 crore in the year ended March 2013 as against net loss of Rs 157.80 crore during the previous year ended March 2012. Sales declined 94.60% to Rs 168.03 crore in the year ended March 2013 as against Rs 3109.55 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear Ended
 Mar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.
Sales50.63302.67 -83 168.033109.55 -95
OPM %2.119.60 -78 5.131.46 252
PBDT1.64-12.14 LP -34.06-48.00 29
PBT-2.52-17.12 85 -51.83-67.18 23
NP-21.64-207.50 90 -34.48-157.80 78

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