GTN Textiles reports standalone net loss of Rs 2.18 crore in the March 2015 quarter

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Sales decline 23.01% to Rs 48.14 crore
Net loss of GTN Textiles reported to Rs 2.18 crore in the quarter ended March 2015 as against net profit of Rs 0.69 crore during the previous quarter ended March 2014. Sales declined 23.01% to Rs 48.14 crore in the quarter ended March 2015 as against Rs 62.53 crore during the previous quarter ended March 2014.For the full year,net loss reported to Rs 3.06 crore in the year ended March 2015 as against net profit of Rs 1.95 crore during the previous year ended March 2014. Sales declined 35.01% to Rs 182.18 crore in the year ended March 2015 as against Rs 280.32 crore during the previous year ended March 2014.
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First Published: May 28 2015 | 8:19 AM IST