Sales decline 58.12% to Rs 11.73 crore
Net profit of Kandagiri Spinning Mills reported to Rs 8.57 crore in the quarter ended March 2017 as against net loss of Rs 3.79 crore during the previous quarter ended March 2016. Sales declined 58.12% to Rs 11.73 crore in the quarter ended March 2017 as against Rs 28.01 crore during the previous quarter ended March 2016.For the full year,net loss reported to Rs 11.16 crore in the year ended March 2017 as against net loss of Rs 11.34 crore during the previous year ended March 2016. Sales declined 46.75% to Rs 77.02 crore in the year ended March 2017 as against Rs 144.63 crore during the previous year ended March 2016.
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales11.7328.01 -58 77.02144.63 -47 OPM %-25.583.64 --9.365.82 - PBDT-5.49-1.86 -195 -19.49-3.75 -420 PBT-6.88-3.79 -82 -26.61-11.34 -135 NP8.57-3.79 LP -11.16-11.34 2
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