Gini Silk Mills reports standalone net loss of Rs 0.19 crore in the March 2021 quarter

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Sales decline 29.33% to Rs 5.88 crore
Net loss of Gini Silk Mills reported to Rs 0.19 crore in the quarter ended March 2021 as against net profit of Rs 0.67 crore during the previous quarter ended March 2020. Sales declined 29.33% to Rs 5.88 crore in the quarter ended March 2021 as against Rs 8.32 crore during the previous quarter ended March 2020.For the full year,net loss reported to Rs 0.56 crore in the year ended March 2021 as against net profit of Rs 1.88 crore during the previous year ended March 2020. Sales declined 53.56% to Rs 16.81 crore in the year ended March 2021 as against Rs 36.20 crore during the previous year ended March 2020.
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First Published: Jun 21 2021 | 6:28 PM IST