Malwa Cotton Spinning Mills reports standalone net loss of Rs 3.89 crore in the March 2016 quarter

Sales decline 17.43% to Rs 11.13 crore

Net Loss of Malwa Cotton Spinning Mills reported to Rs 3.89 crore in the quarter ended March 2016 as against net loss of Rs 2.37 crore during the previous quarter ended March 2015. Sales declined 17.43% to Rs 11.13 crore in the quarter ended March 2016 as against Rs 13.48 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 23.34 crore in the year ended March 2016 as against net loss of Rs 36.88 crore during the previous year ended March 2015. Sales declined 67.45% to Rs 36.03 crore in the year ended March 2016 as against Rs 110.70 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales11.1313.48 -17 36.03110.70 -67 OPM %-30.46-18.99 --59.17-31.93 - PBDT-3.39-1.73 -96 -21.31-34.30 38 PBT-3.89-2.37 -64 -23.34-36.88 37 NP-3.89-2.37 -64 -23.34-36.88 37

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