Kakatiya Cements Sugar & Industries Ltd reported a net loss of Rs 2.24 crore in the quarter ended September 30, compared with a profit of Rs 5.12 crore in the same period last year. Sales income fell 58.44 per cent to Rs 14.91 crore from Rs 35.88 crore. Segment-wise results show that only the power segment was in profit. Cement contributed 66 per cent to the total sales, while power contributed 31 per cent and sugar the rest.
Nettlinx Ltd Q2 loss at Rs 44 lakh
Web services company Nettlinx registered a consolidated net loss of Rs 43.84 lakh in the second quarter of 2010-11, compared with a loss of Rs 14.03 lakh in the same quarter of previous year. Its sales income fell 25.21 per cent to Rs 2.55 crore (Rs 3.41 crore), while expenditure was Rs 2.95 crore (Rs 3.39 crore).
Priyadarshini posts Rs 3 crore profit
Priyadarshini Spinning Mills Ltd, which manufactures polyester and viscose blended yarn, reported a net profit of Rs 3.09 crore in the second quarter of 2010-11, compared with a net loss of 1.34 crore in the corresp-onding period previous year. Sales income was Rs 66.17 crore, up 40.36 per cent from Rs 47.14 crore, while expenditure was Rs 61.97 crore (Rs 45.82 crore).