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Gini Silk Mills net profit declines 56.00% in the March 2014 quarter

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Capital Market

Sales rise 32.86% to Rs 9.26 crore

Net profit of Gini Silk Mills declined 56.00% to Rs 0.11 crore in the quarter ended March 2014 as against Rs 0.25 crore during the previous quarter ended March 2013. Sales rose 32.86% to Rs 9.26 crore in the quarter ended March 2014 as against Rs 6.97 crore during the previous quarter ended March 2013.

For the full year,net profit rose 4.82% to Rs 1.74 crore in the year ended March 2014 as against Rs 1.66 crore during the previous year ended March 2013. Sales rose 7.48% to Rs 34.90 crore in the year ended March 2014 as against Rs 32.47 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales9.266.97 33 34.9032.47 7 OPM %11.5612.91 -7.397.18 - PBDT1.251.05 19 3.232.83 14 PBT1.140.95 20 2.772.36 17 NP0.110.25 -56 1.741.66 5

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First Published: May 27 2014 | 3:18 PM IST

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