Salona Cotspin reports standalone net loss of Rs 0.35 crore in the March 2019 quarter

Sales decline 14.40% to Rs 26.68 crore

Net loss of Salona Cotspin reported to Rs 0.35 crore in the quarter ended March 2019 as against net profit of Rs 0.59 crore during the previous quarter ended March 2018. Sales declined 14.40% to Rs 26.68 crore in the quarter ended March 2019 as against Rs 31.17 crore during the previous quarter ended March 2018.

For the full year,net profit declined 23.47% to Rs 1.63 crore in the year ended March 2019 as against Rs 2.13 crore during the previous year ended March 2018. Sales rose 24.39% to Rs 132.87 crore in the year ended March 2019 as against Rs 106.82 crore during the previous year ended March 2018.

ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales26.6831.17 -14 132.87106.82 24 OPM %4.956.67 -7.568.72 - PBDT0.061.15 -95 6.155.94 4 PBT-0.220.23 PL 2.302.21 4 NP-0.350.59 PL 1.632.13 -23

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