Sales decline 10.11% to Rs 2589.90 crore
Net loss of Rain Industries reported to Rs 199.71 crore in the quarter ended December 2014 as against net profit of Rs 47.22 crore during the previous quarter ended December 2013. Sales declined 10.11% to Rs 2589.90 crore in the quarter ended December 2014 as against Rs 2881.21 crore during the previous quarter ended December 2013.For the full year,net profit declined 76.98% to Rs 88.53 crore in the year ended December 2014 as against Rs 384.52 crore during the previous year ended December 2013. Sales rose 2.00% to Rs 11733.64 crore in the year ended December 2014 as against Rs 11503.86 crore during the previous year ended December 2013.
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