Garden Silk Mills reports standalone net loss of Rs 24.00 crore in the March 2015 quarter

Sales decline 26.30% to Rs 587.47 crore

Net Loss of Garden Silk Mills reported to Rs 24.00 crore in the quarter ended March 2015 as against net loss of Rs 57.30 crore during the previous quarter ended March 2014. Sales declined 26.30% to Rs 587.47 crore in the quarter ended March 2015 as against Rs 797.06 crore during the previous quarter ended March 2014.

For the full year,net loss reported to Rs 142.76 crore in the year ended March 2015 as against net loss of Rs 144.45 crore during the previous year ended March 2014. Sales declined 13.89% to Rs 2640.73 crore in the year ended March 2015 as against Rs 3066.62 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales587.47797.06 -26 2640.733066.62 -14 OPM %5.600.49 -4.121.70 - PBDT-10.22-34.18 70 -66.63-91.53 27 PBT-24.00-57.30 58 -142.76-183.90 22 NP-24.00-57.30 58 -142.76-144.45 1

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