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Kandagiri Spinning Mills net profit declines 85.19% in the March 2014 quarter

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Capital Market

Sales rise 7.94% to Rs 48.94 crore

Net profit of Kandagiri Spinning Mills declined 85.19% to Rs 0.04 crore in the quarter ended March 2014 as against Rs 0.27 crore during the previous quarter ended March 2013. Sales rose 7.94% to Rs 48.94 crore in the quarter ended March 2014 as against Rs 45.34 crore during the previous quarter ended March 2013.

For the full year,net profit declined 34.70% to Rs 3.82 crore in the year ended March 2014 as against Rs 5.85 crore during the previous year ended March 2013. Sales rose 20.62% to Rs 193.46 crore in the year ended March 2014 as against Rs 160.39 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales48.9445.34 8 193.46160.39 21 OPM %10.4811.82 -12.9817.84 - PBDT2.582.69 -4 14.0816.49 -15 PBT0.580.37 57 6.258.28 -25 NP0.040.27 -85 3.825.85 -35

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First Published: Jun 02 2014 | 10:55 AM IST

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