Indo Cotspin reports standalone net profit of Rs 0.01 crore in the March 2017 quarter

Sales rise 11.80% to Rs 1.99 crore

Net profit of Indo Cotspin reported to Rs 0.01 crore in the quarter ended March 2017. There were no net profit/loss reported during the previous quarter ended March 2016. Sales rose 11.80% to Rs 1.99 crore in the quarter ended March 2017 as against Rs 1.78 crore during the previous quarter ended March 2016.

For the full year,net profit declined 28.57% to Rs 0.05 crore in the year ended March 2017 as against Rs 0.07 crore during the previous year ended March 2016. Sales declined 2.67% to Rs 7.28 crore in the year ended March 2017 as against Rs 7.48 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1.991.78 12 7.287.48 -3 OPM %3.522.25 -3.433.74 - PBDT0.110.10 10 0.350.41 -15 PBT0.020.02 0 0.060.09 -33 NP0.010 0 0.050.07 -29

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