Garden Silk Mills reports net loss of Rs 57.30 crore in the March 2014 quarter

Sales decline 8.66% to Rs 797.06 crore

Net Loss of Garden Silk Mills reported to Rs 57.30 crore in the quarter ended March 2014 as against net loss of Rs 24.23 crore during the previous quarter ended March 2013. Sales declined 8.66% to Rs 797.06 crore in the quarter ended March 2014 as against Rs 872.65 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 144.45 crore in the year ended March 2014 as against net loss of Rs 100.70 crore during the previous year ended March 2013. Sales declined 17.06% to Rs 3066.62 crore in the year ended March 2014 as against Rs 3697.25 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales797.06872.65 -9 3066.623697.25 -17 OPM %0.492.29 -1.702.30 - PBDT-34.18-13.46 -154 -91.53-57.33 -60 PBT-57.30-36.55 -57 -183.90-150.87 -22 NP-57.30-24.23 -136 -144.45-100.70 -43

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