Kandagiri Spinning Mills net profit declines 45.40% in the September 2013 quarter

Sales rise 29.60% to Rs 49.69 crore

Net profit of Kandagiri Spinning Mills declined 45.40% to Rs 1.96 crore in the quarter ended September 2013 as against Rs 3.59 crore during the previous quarter ended September 2012. Sales rose 29.60% to Rs 49.69 crore in the quarter ended September 2013 as against Rs 38.34 crore during the previous quarter ended September 2012. ParticularsQuarter Ended Sep. 2013Sep. 2012% Var.Sales49.6938.34 30 OPM %15.8626.37 -PBDT5.006.91 -28 PBT3.054.93 -38 NP1.963.59 -45

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