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Riba Textiles reports standalone net loss of Rs 0.18 crore in the March 2016 quarter

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Capital Market

Sales decline 6.60% to Rs 30.14 crore

Net Loss of Riba Textiles reported to Rs 0.18 crore in the quarter ended March 2016 as against net loss of Rs 0.14 crore during the previous quarter ended March 2015. Sales declined 6.60% to Rs 30.14 crore in the quarter ended March 2016 as against Rs 32.27 crore during the previous quarter ended March 2015.

For the full year,net profit rose 92.65% to Rs 1.31 crore in the year ended March 2016 as against Rs 0.68 crore during the previous year ended March 2015. Sales rose 9.51% to Rs 114.43 crore in the year ended March 2016 as against Rs 104.49 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales30.1432.27 -7 114.43104.49 10 OPM %2.094.59 -5.045.71 - PBDT0.450.51 -12 4.313.03 42 PBT0.24-0.01 LP 2.060.99 108 NP-0.18-0.14 -29 1.310.68 93

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First Published: May 28 2016 | 9:19 AM IST

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