Gem Spinners India reports net loss of Rs 0.41 crore in the March 2013 quarter

Net Loss of Gem Spinners India reported to Rs 0.41 crore in the quarter ended March 2013 as against net loss of Rs 1.59 crore during the previous quarter ended March 2012. Sales declined 20.00% to Rs 3.20 crore in the quarter ended March 2013 as against Rs 4.00 crore during the previous quarter ended March 2012.
For the Audited full year,net loss reported to Rs 0.62 crore in the year ended March 2013 as against net loss of Rs 3.96 crore during the previous year ended March 2012. Sales declined 71.09% to Rs 10.47 crore in the year ended March 2013 as against Rs 36.22 crore during the previous year ended March 2012.
ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales3.204.00 -20 10.4736.22 -71 OPM %-13.75-16.75 18 -21.39-2.46 -771 PBDT-0.34-1.49 77 -0.32-3.67 91 PBT-0.41-1.59 74 -0.62-3.96 84 NP-0.41-1.59 74 -0.62-3.96 84
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First Published: May 27 2013 | 5:15 PM IST
