Sales decline 37.55% to Rs 28.01 crore
Net loss of Kandagiri Spinning Mills reported to Rs 3.79 crore in the quarter ended March 2016 as against net profit of Rs 0.17 crore during the previous quarter ended March 2015. Sales declined 37.55% to Rs 28.01 crore in the quarter ended March 2016 as against Rs 44.85 crore during the previous quarter ended March 2015.For the full year,net loss reported to Rs 11.34 crore in the year ended March 2016 as against net profit of Rs 1.56 crore during the previous year ended March 2015. Sales declined 23.57% to Rs 144.63 crore in the year ended March 2016 as against Rs 189.23 crore during the previous year ended March 2015.
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales28.0144.85 -38 144.63189.23 -24 OPM %3.6411.04 -5.8210.85 - PBDT-1.862.18 PL -3.759.81 PL PBT-3.790.12 PL -11.342.27 PL NP-3.790.17 PL -11.341.56 PL
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