Jindal Cotex reports net loss of Rs 5.36 crore in the March 2014 quarter

Sales decline 54.44% to Rs 61.66 crore

Net loss of Jindal Cotex reported to Rs 5.36 crore in the quarter ended March 2014 as against net profit of Rs 0.88 crore during the previous quarter ended March 2013. Sales declined 54.44% to Rs 61.66 crore in the quarter ended March 2014 as against Rs 135.33 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 24.57 crore in the year ended March 2014 as against net profit of Rs 4.41 crore during the previous year ended March 2013. Sales declined 10.91% to Rs 264.25 crore in the year ended March 2014 as against Rs 296.61 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales61.66135.33 -54 264.25296.61 -11 OPM %1.096.27 -3.115.50 - PBDT-7.573.87 PL -18.3515.57 PL PBT-5.340.88 PL -24.524.41 PL NP-5.360.88 PL -24.574.41 PL

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