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Amit Spinning Industries reports net loss of Rs 2.88 crore in the March 2012 quarter

Capital Market/ 20:04 , May 12, 2012

Sales decline 49.63% to Rs 18.22 crore

Amit Spinning Industries reported net loss of Rs 2.88 crore in the quarter ended March 2012 as against net loss of Rs 1.09 crore during the previous quarter ended March 2011. Sales declined 49.63% to Rs 18.22 crore in the quarter ended March 2012 as against Rs 36.17 crore during the previous quarter ended March 2011.

For the unaudited full year, net loss reported to Rs 24.57 crore in the year ended March 2012 as against net loss of Rs 0.23 crore during the previous year ended March 2011. Sales declined 54.02% to Rs 57.50 crore in the year ended March 2012 as against Rs 125.05 crore during the previous year ended March 2011.

ParticularsQuarter EndedYear Ended
 Mar. 2012Mar. 2011% Var.Mar. 2012Mar. 2011% Var.
Sales18.2236.17 -50 57.50125.05 -54
OPM %-1.264.26 -130 -24.029.08 -365
PBDT-1.700.04 PL -19.944.37 PL
PBT-2.88-1.09 -164 -24.57-0.23 -10583
NP-2.88-1.09 -164 -24.57-0.23 -10583

 



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