Salona Cotspin net profit declines 23.08% in the March 2014 quarter

Sales rise 37.84% to Rs 32.02 crore

Net profit of Salona Cotspin declined 23.08% to Rs 0.30 crore in the quarter ended March 2014 as against Rs 0.39 crore during the previous quarter ended March 2013. Sales rose 37.84% to Rs 32.02 crore in the quarter ended March 2014 as against Rs 23.23 crore during the previous quarter ended March 2013.

For the full year,net profit rose 81.99% to Rs 5.66 crore in the year ended March 2014 as against Rs 3.11 crore during the previous year ended March 2013. Sales rose 23.49% to Rs 105.19 crore in the year ended March 2014 as against Rs 85.18 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales32.0223.23 38 105.1985.18 23 OPM %8.6212.57 -15.6515.67 - PBDT2.461.35 82 13.329.19 45 PBT0.920.50 84 7.623.71 105 NP0.300.39 -23 5.663.11 82

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