Gangotri Textiles reports net loss of Rs 68.13 crore in the March 2013 quarter

Net Loss of Gangotri Textiles reported to Rs 68.13 crore in the quarter ended March 2013 as against net loss of Rs 10.91 crore during the previous quarter ended March 2012. Sales declined 40.72% to Rs 14.82 crore in the quarter ended March 2013 as against Rs 25.00 crore during the previous quarter ended March 2012.

For the Audited full year,net loss reported to Rs 108.45 crore in the year ended March 2013 as against net loss of Rs 43.91 crore during the previous year ended March 2012. Sales declined 46.43% to Rs 86.57 crore in the year ended March 2013 as against Rs 161.59 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales14.8225.00 -41 86.57161.59 -46 OPM %-12.89-25.32 49 -5.69-0.92 -518 PBDT-10.64-11.20 5 -36.07-24.20 -49 PBT-14.30-13.63 -5 -54.10-42.82 -26 NP-68.13-10.91 -524 -108.45-43.91 -147

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