Sales decline 48.59% to Rs 56.12 crore
Net loss of Vardhman Industries reported to Rs 0.58 crore in the quarter ended March 2015 as against net profit of Rs 2.06 crore during the previous quarter ended March 2014. Sales declined 48.59% to Rs 56.12 crore in the quarter ended March 2015 as against Rs 109.16 crore during the previous quarter ended March 2014.For the full year,net profit declined 34.33% to Rs 3.50 crore in the year ended March 2015 as against Rs 5.33 crore during the previous year ended March 2014. Sales declined 29.21% to Rs 283.33 crore in the year ended March 2015 as against Rs 400.25 crore during the previous year ended March 2014.
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