Kandagiri Spinning Mills reports consolidated net loss of Rs 0.12 crore in the March 2021 quarter

Sales decline 57.14% to Rs 2.07 crore

Net Loss of Kandagiri Spinning Mills reported to Rs 0.12 crore in the quarter ended March 2021 as against net loss of Rs 5.89 crore during the previous quarter ended March 2020. Sales declined 57.14% to Rs 2.07 crore in the quarter ended March 2021 as against Rs 4.83 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 0.89 crore in the year ended March 2021 as against net loss of Rs 12.33 crore during the previous year ended March 2020. Sales declined 90.44% to Rs 2.54 crore in the year ended March 2021 as against Rs 26.57 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales2.074.83 -57 2.5426.57 -90 OPM %-9.66-145.13 --18.50-35.91 - PBDT-0.05-3.02 98 -0.60-7.74 92 PBT-0.12-3.43 97 -0.89-9.86 91 NP-0.12-5.89 98 -0.89-12.33 93

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