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Kanani Industries reports net loss of Rs 1.34 crore in the March 2014 quarter

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Capital Market

Sales decline 22.72% to Rs 19.08 crore

Net Loss of Kanani Industries reported to Rs 1.34 crore in the quarter ended March 2014 as against net loss of Rs 0.24 crore during the previous quarter ended March 2013. Sales declined 22.72% to Rs 19.08 crore in the quarter ended March 2014 as against Rs 24.69 crore during the previous quarter ended March 2013.

For the full year,net profit remain constant at Rs 0.14 crore in the year ended March 2014 and also during the previous year ended March 2013. Sales declined 9.06% to Rs 70.60 crore in the year ended March 2014 as against Rs 77.63 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales19.0824.69 -23 70.6077.63 -9 OPM %-9.540.32 -0.810.81 - PBDT-1.28-0.17 -653 0.270.29 -7 PBT-1.31-0.20 -555 0.170.18 -6 NP-1.34-0.24 -458 0.140.14 0

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First Published: Jun 02 2014 | 11:27 AM IST

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