Malwa Cotton Spinning Mills reports net loss of Rs 51.40 crore in the March 2013 quarter

Net Loss of Malwa Cotton Spinning Mills reported to Rs 51.40 crore in the quarter ended March 2013 as against net loss of Rs 4.00 crore during the previous quarter ended March 2012. Sales rose 7.66% to Rs 91.91 crore in the quarter ended March 2013 as against Rs 85.37 crore during the previous quarter ended March 2012.

For the Audited full year,net loss reported to Rs 161.72 crore in the year ended March 2013 as against net loss of Rs 7.56 crore during the previous year ended March 2012. Sales declined 21.30% to Rs 313.23 crore in the year ended March 2013 as against Rs 398.02 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales91.9185.37 8 313.23398.02 -21 OPM %-48.858.33 -687 -40.507.22 -661 PBDT-50.44-2.84 -1676 -157.85-3.18 -4864 PBT-51.40-3.96 -1198 -161.72-7.52 -2051 NP-51.40-4.00 -1185 -161.72-7.56 -2039

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