Shreyas Shipping & Logistics reports net loss of Rs 9.91 crore in the March 2014 quarter

Sales rise 35.18% to Rs 72.40 crore
Net loss of Shreyas Shipping & Logistics reported to Rs 9.91 crore in the quarter ended March 2014 as against net profit of Rs 6.52 crore during the previous quarter ended March 2013. Sales rose 35.18% to Rs 72.40 crore in the quarter ended March 2014 as against Rs 53.56 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 8.11 crore in the year ended March 2014 as against net profit of Rs 12.63 crore during the previous year ended March 2013. Sales rose 23.75% to Rs 247.84 crore in the year ended March 2014 as against Rs 200.28 crore during the previous year ended March 2013.
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales72.4053.56 35 247.84200.28 24 OPM %19.9017.42 -13.8414.18 – PBDT12.3510.86 14 27.4327.31 0 PBT9.457.01 35 11.9613.28 -10 NP-9.916.52 PL -8.1112.63 PL
Source: Business Standard