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Kandagiri Spinning Mills reports consolidated net loss of Rs 2.52 crore in the December 2019 quarter

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Capital Market

Sales decline 79.66% to Rs 3.55 crore

Net Loss of Kandagiri Spinning Mills reported to Rs 2.52 crore in the quarter ended December 2019 as against net loss of Rs 5.29 crore during the previous quarter ended December 2018. Sales declined 79.66% to Rs 3.55 crore in the quarter ended December 2019 as against Rs 17.45 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales3.5517.45 -80 OPM %-70.14-8.83 -PBDT-1.95-2.09 7 PBT-2.52-2.96 15 NP-2.52-5.29 52

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First Published: Feb 10 2020 | 12:49 PM IST

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