Amit Spinning Industries reports net loss of Rs 4.38 crore in the March 2014 quarter

Sales decline 51.56% to Rs 5.12 crore

Net loss of Amit Spinning Industries reported to Rs 4.38 crore in the quarter ended March 2014 as against net profit of Rs 1.22 crore during the previous quarter ended March 2013. Sales declined 51.56% to Rs 5.12 crore in the quarter ended March 2014 as against Rs 10.57 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 9.62 crore in the year ended March 2014 as against net loss of Rs 3.05 crore during the previous year ended March 2013. Sales declined 23.22% to Rs 26.35 crore in the year ended March 2014 as against Rs 34.32 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales5.1210.57 -52 26.3534.32 -23 OPM %-31.6427.15 --6.229.97 - PBDT-3.682.33 PL -5.521.49 PL PBT-4.381.22 PL -9.62-3.05 -215 NP-4.381.22 PL -9.62-3.05 -215

Powered by Capital Market - Live News