GTN Textiles net profit declines 75.96% in the March 2014 quarter

Sales decline 4.46% to Rs 62.53 crore

Net profit of GTN Textiles declined 75.96% to Rs 0.69 crore in the quarter ended March 2014 as against Rs 2.87 crore during the previous quarter ended March 2013. Sales declined 4.46% to Rs 62.53 crore in the quarter ended March 2014 as against Rs 65.45 crore during the previous quarter ended March 2013.

For the full year,net profit reported to Rs 1.95 crore in the year ended March 2014 as against net loss of Rs 3.56 crore during the previous year ended March 2013. Sales rose 36.54% to Rs 280.32 crore in the year ended March 2014 as against Rs 205.30 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales62.5365.45 -4 280.32205.30 37 OPM %8.289.85 -7.965.68 - PBDT3.082.99 3 10.031.30 672 PBT1.591.45 10 3.92-4.98 LP NP0.692.87 -76 1.95-3.56 LP

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