Panasonic Home Appliances India reports net loss of Rs 4 crore in Q4

Panasonic Home Appliances India Company has reported results for fourth quarter and year ended March 31, 2012.

On standalone basis, the company has reported net loss of Rs 4.00 crore for the quarter ended March 31, 2012, against net profit of Rs 0.06 crore for the corresponding period last fiscal. Total income decreased by 10.08% at Rs 38.73 crore during the quarter under review from Rs 43.07 crore in the year-ago period.

The company has reported net loss of Rs 12.76 crore for the year ended March 31, 2012, against net profit of Rs 1.79 crore in last fiscal. Total income decreased by 3.65% at Rs 179.58 crore from Rs 186.38 crore in the year-ago period.