Riba Textiles reports net loss of Rs 0.40 crore in the March 2014 quarter

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Sales rise 16.37% to Rs 25.45 crore
Net loss of Riba Textiles reported to Rs 0.40 crore in the quarter ended March 2014 as against net profit of Rs 0.04 crore during the previous quarter ended March 2013. Sales rose 16.37% to Rs 25.45 crore in the quarter ended March 2014 as against Rs 21.87 crore during the previous quarter ended March 2013.For the full year,net profit rose 8.33% to Rs 0.78 crore in the year ended March 2014 as against Rs 0.72 crore during the previous year ended March 2013. Sales rose 18.84% to Rs 83.21 crore in the year ended March 2014 as against Rs 70.02 crore during the previous year ended March 2013.
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First Published: May 30 2014 | 9:38 AM IST