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ANNOUNCEMENTS
GSB Finance reports net loss of Rs 0.02 crore in the March 2012 quarter
Sales decline 52.73% to Rs 2.42 crore
Net loss of GSB Finance reported to Rs 0.02 crore in the quarter ended March 2012 as against net profit of Rs 0.28 crore during the previous quarter ended March 2011. Sales declined 52.73% to Rs 2.42 crore in the quarter ended March 2012 as against Rs 5.12 crore during the previous quarter ended March 2011.
For the Audited full year,net loss reported to Rs 0.21 crore in the year ended March 2012 as against net loss of Rs 0.05 crore during the previous year ended March 2011. Sales declined 77.91% to Rs 26.83 crore in the year ended March 2012 as against Rs 121.48 crore during the previous year ended March 2011.
| Particulars | Quarter Ended | Year Ended | ||||
| Mar. 2012 | Mar. 2011 | % Var. | Mar. 2012 | Mar. 2011 | % Var. | |
| Sales | 2.42 | 5.12 | -53 | 26.83 | 121.48 | -78 |
| OPM % | 7.85 | -7.23 | 209 | 0.93 | -0.02 | 3873 |
| PBDT | 0.18 | -0.43 | LP | 0 | -0.73 | 100 |
| PBT | 0.17 | -0.44 | LP | -0.02 | -0.75 | 97 |
| NP | -0.02 | 0.28 | PL | -0.21 | -0.05 | -320 |