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Vertex Spinning reports net profit of Rs 0.36 crore in the March 2013 quarter

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Capital Market
Last Updated : May 15 2014 | 8:57 AM IST

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.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales1.553.64 -57 4.0038.70 -90 OPM %78.7115.38 412 46.25-0.26 17999 PBDT1.220.56 118 1.85-0.10 LP PBT0.36-0.09 LP -1.53-3.17 52 NP0.36-0.09 LP -1.53-3.17 52

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First Published: May 15 2013 | 6:52 PM IST

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