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K G Denim reports net loss of Rs 1.97 crore in the March 2014 quarter

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Capital Market

Sales rise 6.59% to Rs 141.94 crore

Net loss of K G Denim reported to Rs 1.97 crore in the quarter ended March 2014 as against net profit of Rs 3.92 crore during the previous quarter ended March 2013. Sales rose 6.59% to Rs 141.94 crore in the quarter ended March 2014 as against Rs 133.16 crore during the previous quarter ended March 2013.

For the full year,net profit declined 57.57% to Rs 6.59 crore in the year ended March 2014 as against Rs 15.53 crore during the previous year ended March 2013. Sales rose 15.01% to Rs 585.65 crore in the year ended March 2014 as against Rs 509.22 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales141.94133.16 7 585.65509.22 15 OPM %5.6611.15 -8.2711.30 - PBDT0.458.77 -95 23.4435.39 -34 PBT-2.496.56 PL 10.0923.47 -57 NP-1.973.92 PL 6.5915.53 -58

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First Published: May 24 2014 | 8:13 AM IST

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