Sales decline 54.72% to Rs 1.68 crore
Net loss of Niwas Spinning Mills reported to Rs 0.89 crore in the quarter ended March 2014 as against net profit of Rs 36.40 crore during the previous quarter ended March 2013. Sales declined 54.72% to Rs 1.68 crore in the quarter ended March 2014 as against Rs 3.71 crore during the previous quarter ended March 2013.For the full year,net loss reported to Rs 1.61 crore in the year ended March 2014 as against net profit of Rs 49.51 crore during the previous year ended March 2013. Sales declined 50.21% to Rs 7.05 crore in the year ended March 2014 as against Rs 14.16 crore during the previous year ended March 2013.
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales1.683.71 -55 7.0514.16 -50 OPM %-20.8311.86 --0.854.66 - PBDT-0.670.34 PL -0.780.09 PL PBT-0.890.06 PL -1.61-0.88 -83 NP-0.8936.40 PL -1.6149.51 PL
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