Kanani Industries reports net loss of Rs 0.24 crore in the March 2013 quarter

Net Loss of Kanani Industries reported to Rs 0.24 crore in the quarter ended March 2013 as against net loss of Rs 1.53 crore during the previous quarter ended March 2012. Sales declined 22.22% to Rs 24.68 crore in the quarter ended March 2013 as against Rs 31.73 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 30.00% to Rs 0.14 crore in the year ended March 2013 as against Rs 0.20 crore during the previous year ended March 2012. Sales declined 44.66% to Rs 77.63 crore in the year ended March 2013 as against Rs 140.27 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales24.6831.73 -22 77.63140.27 -45 OPM %0.326.84 -95 0.812.32 -65 PBDT-0.17-1.50 89 0.290.37 -22 PBT-0.20-1.53 87 0.180.25 -28 NP-0.24-1.53 84 0.140.20 -30

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