Sales decline 97.82% to Rs 0.13 crore
Net loss of JIK Industries reported to Rs 5.00 crore in the quarter ended June 2013 as against net profit of Rs 0.29 crore during the previous quarter ended June 2012. Sales declined 97.82% to Rs 0.13 crore in the quarter ended June 2013 as against Rs 5.96 crore during the previous quarter ended June 2012.For the full year,net loss reported to Rs 5.38 crore in the year ended June 2013 as against net profit of Rs 1.46 crore during the previous year ended June 2012. Sales declined 68.75% to Rs 8.43 crore in the year ended June 2013 as against Rs 26.98 crore during the previous year ended June 2012.
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