Amit Spinning Industries reports standalone net loss of Rs 13.86 crore in the March 2015 quarter

Sales decline 70.70% to Rs 1.50 crore

Net Loss of Amit Spinning Industries reported to Rs 13.86 crore in the quarter ended March 2015 as against net loss of Rs 4.38 crore during the previous quarter ended March 2014. Sales declined 70.70% to Rs 1.50 crore in the quarter ended March 2015 as against Rs 5.12 crore during the previous quarter ended March 2014.

For the full year,net loss reported to Rs 24.12 crore in the year ended March 2015 as against net loss of Rs 9.62 crore during the previous year ended March 2014. Sales rose 16.96% to Rs 30.82 crore in the year ended March 2015 as against Rs 26.35 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales1.505.12 -71 30.8226.35 17 OPM %-189.33-31.64 --27.48-6.22 - PBDT-3.69-3.68 0 -11.90-5.52 -116 PBT-5.08-4.38 -16 -15.34-9.62 -59 NP-13.86-4.38 -216 -24.12-9.62 -151

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