Malwa Cotton Spinning Mills reports net loss of Rs 12.24 crore in the March 2014 quarter

Sales decline 54.77% to Rs 41.57 crore

Net Loss of Malwa Cotton Spinning Mills reported to Rs 12.24 crore in the quarter ended March 2014 as against net loss of Rs 51.40 crore during the previous quarter ended March 2013. Sales declined 54.77% to Rs 41.57 crore in the quarter ended March 2014 as against Rs 91.91 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 48.66 crore in the year ended March 2014 as against net loss of Rs 161.72 crore during the previous year ended March 2013. Sales declined 39.86% to Rs 188.38 crore in the year ended March 2014 as against Rs 313.23 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales41.5791.91 -55 188.38313.23 -40 OPM %-28.92-48.85 --24.17-40.50 - PBDT-11.42-50.44 77 -45.35-157.85 71 PBT-12.24-51.40 76 -48.66-161.72 70 NP-12.24-51.40 76 -48.66-161.72 70

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