Katare Spinning Mills net profit rises 271.43% in the March 2013 quarter

Sales decline 14.19% to Rs 8.65 crore

Net profit of Katare Spinning Mills rose 271.43% to Rs 0.26 crore in the quarter ended March 2013 as against Rs 0.07 crore during the previous quarter ended March 2012. Sales declined 14.19% to Rs 8.65 crore in the quarter ended March 2013 as against Rs 10.08 crore during the previous quarter ended March 2012.

For the Audited full year,net profit reported to Rs 0.42 crore in the year ended March 2013 as against net loss of Rs 0.84 crore during the previous year ended March 2012. Sales declined 1.94% to Rs 41.02 crore in the year ended March 2013 as against Rs 41.83 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales8.6510.08 -14 41.0241.83 -2 OPM %6.244.46 40 6.531.29 406 PBDT0.440.25 76 1.80-0.32 LP PBT0.260.07 271 1.26-0.86 LP NP0.260.07 271 0.42-0.84 LP

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