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Gokak Textiles reports net loss of Rs 1.00 crore in the September 2013 quarter

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Capital Market

Sales rise 9.62% to Rs 95.60 crore

Net loss of Gokak Textiles reported to Rs 1.00 crore in the quarter ended September 2013 as against net profit of Rs 68.35 crore during the previous quarter ended September 2012. Sales rose 9.62% to Rs 95.60 crore in the quarter ended September 2013 as against Rs 87.21 crore during the previous quarter ended September 2012.

For the full year,net loss reported to Rs 14.52 crore in the year ended September 2013 as against net profit of Rs 19.48 crore during the previous year ended September 2012. Sales declined 25.84% to Rs 355.43 crore in the year ended September 2013 as against Rs 479.30 crore during the previous year ended September 2012.

 
ParticularsQuarter EndedYear EndedSep. 2013Sep. 2012% Var.Sep. 2013Sep. 2012% Var.Sales95.6087.21 10 355.43479.30 -26 OPM %5.73-18.68 -5.13-3.64 - PBDT0.25-23.00 LP -2.49-54.76 95 PBT-2.39-26.38 91 -12.92-75.25 83 NP-1.0068.35 PL -14.5219.48 PL

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First Published: Nov 18 2013 | 10:15 AM IST

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