Niwas Spinning Mills reports net loss of Rs 0.22 crore in the December 2013 quarter

Sales decline 48.56% to Rs 1.25 crore

Net loss of Niwas Spinning Mills reported to Rs 0.22 crore in the quarter ended December 2013 as against net profit of Rs 13.60 crore during the previous quarter ended December 2012. Sales declined 48.56% to Rs 1.25 crore in the quarter ended December 2013 as against Rs 2.43 crore during the previous quarter ended December 2012. ParticularsQuarter EndedDec. 2013Dec. 2012% Var.Sales1.252.43 -49 OPM %02.06 -PBDT-0.02-0.23 91 PBT-0.22-0.45 51 NP-0.2213.60 PL

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