Sales decline 19.82% to Rs 28.60 crore
Net Loss of Rainbow Denim reported to Rs 8.33 crore in the quarter ended March 2014 as against net loss of Rs 3.34 crore during the previous quarter ended March 2013. Sales declined 19.82% to Rs 28.60 crore in the quarter ended March 2014 as against Rs 35.67 crore during the previous quarter ended March 2013.For the full year,net loss reported to Rs 28.38 crore in the year ended March 2014 as against net loss of Rs 10.55 crore during the previous year ended March 2013. Sales declined 25.11% to Rs 118.60 crore in the year ended March 2014 as against Rs 158.37 crore during the previous year ended March 2013.
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