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Salona Cotspin standalone net profit declines 45.08% in the June 2016 quarter

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Capital Market

Sales rise 39.26% to Rs 29.23 crore

Net profit of Salona Cotspin declined 45.08% to Rs 0.67 crore in the quarter ended June 2016 as against Rs 1.22 crore during the previous quarter ended June 2015. Sales rose 39.26% to Rs 29.23 crore in the quarter ended June 2016 as against Rs 20.99 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales29.2320.99 39 OPM %7.9014.29 -PBDT1.802.32 -22 PBT0.881.53 -42 NP0.671.22 -45

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First Published: Aug 13 2016 | 3:51 PM IST

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