Prime Urban Development India reports net loss of Rs 1.19 crore in the March 2012 quarter

Prime Urban Development India reported net loss to Rs 1.19 crore in the quarter ended March 2012 as against net profit of Rs 12.87 crore during the previous quarter ended March 2011. Sales declined 92.10% to Rs 2.02 crore in the quarter ended March 2012 as against Rs 25.56 crore during the previous quarter ended March 2011.

For the Audited full year,net loss reported to Rs 3.07 crore in the year ended March 2012 as against net profit of Rs 8.91 crore during the previous year ended March 2011. Sales declined 41.15% to Rs 26.66 crore in the year ended March 2012 as against Rs 45.30 crore during the previous year ended March 2011.

Particulars	Quarter Ended			Year Ended
?	Mar. 2012	Mar. 2011	% Var.	Mar. 2012	Mar. 2011	% Var.
Sales	2.02	25.56	-92	26.66	45.30	-41
OPM %	-45.05	83.53	-154	11.25	45.50	-75
PBDT	-1.21	20.71	PL	1.58	17.99	-91
PBT	-1.26	20.64	PL	1.38	17.76	-92
NP	-1.19	12.87	PL	-3.07	8.91	PL

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