Lakshmi Mills Company reports net loss of Rs 7.78 crore in the March 2014 quarter

Sales rise 25.10% to Rs 58.37 crore

Net loss of Lakshmi Mills Company reported to Rs 7.78 crore in the quarter ended March 2014 as against net profit of Rs 8.44 crore during the previous quarter ended March 2013. Sales rose 25.10% to Rs 58.37 crore in the quarter ended March 2014 as against Rs 46.66 crore during the previous quarter ended March 2013.

For the full year,net profit declined 14.93% to Rs 9.40 crore in the year ended March 2014 as against Rs 11.05 crore during the previous year ended March 2013. Sales rose 33.38% to Rs 217.32 crore in the year ended March 2014 as against Rs 162.93 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales58.3746.66 25 217.32162.93 33 OPM %5.169.15 -6.539.54 - PBDT2.212.01 10 7.689.28 -17 PBT1.331.56 -15 2.593.82 -32 NP-7.788.44 PL 9.4011.05 -15

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