Priyadarshini Spinning Mills reports net loss of Rs 25.19 crore in the June 2013 quarter

Sales decline 71.54% to Rs 10.33 crore

Net Loss of Priyadarshini Spinning Mills reported to Rs 25.19 crore in the quarter ended June 2013 as against net loss of Rs 4.68 crore during the previous quarter ended June 2012. Sales declined 71.54% to Rs 10.33 crore in the quarter ended June 2013 as against Rs 36.30 crore during the previous quarter ended June 2012.

For the full year,net loss reported to Rs 38.74 crore in the year ended June 2013 as against net loss of Rs 42.94 crore during the previous year ended March 2012. Sales declined 33.37% to Rs 114.45 crore in the year ended June 2013 as against Rs 171.78 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedJun. 2013Jun. 2012% Var.Jun. 2013Mar. 2012% Var.Sales10.3336.30 -72 114.45171.78 -33 OPM %-128.07-1.05 --11.46-21.94 - PBDT-12.85-3.54 -263 -23.46-37.84 38 PBT-14.34-4.68 -206 -31.01-45.77 32 NP-25.19-4.68 -438 -38.74-42.94 10

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