Sales decline 57.42% to Rs 1.55 crore
Net profit of Vertex Spinning reported to Rs 0.36 crore in the quarter ended March 2013 as against net loss of Rs 0.09 crore during the previous quarter ended March 2012. Sales declined 57.42% to Rs 1.55 crore in the quarter ended March 2013 as against Rs 3.64 crore during the previous quarter ended March 2012.For the Audited full year,net loss reported to Rs 1.53 crore in the year ended March 2013 as against net loss of Rs 3.17 crore during the previous year ended March 2012. Sales declined 89.66% to Rs 4.00 crore in the year ended March 2013 as against Rs 38.70 crore during the previous year ended March 2012.
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