Indo Cotspin reports standalone nil net profit/loss in the March 2016 quarter

Sales decline 53.40% to Rs 1.78 crore

Indo Cotspin reported no net profit/loss in the quarter ended March 2016 as against net profit of Rs 0.03 crore during the previous quarter ended March 2015. Sales declined 53.40% to Rs 1.78 crore in the quarter ended March 2016 as against Rs 3.82 crore during the previous quarter ended March 2015.

For the full year,net profit remain constant at Rs 0.07 crore in the year ended March 2016 and also during the previous year ended March 2015. Sales declined 11.58% to Rs 7.48 crore in the year ended March 2016 as against Rs 8.46 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales1.783.82 -53 7.488.46 -12 OPM %2.259.42 -3.745.67 - PBDT0.100.39 -74 0.410.54 -24 PBT0.020.05 -60 0.090.09 0 NP00.03 -100 0.070.07 0

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