Vertex Spinning reports net loss of Rs 0.09 crore in the March 2012 quarter
Capital Market / 15:20 , May 28, 2012
Sales decline 74.69% to Rs 3.64 crore

Vertex Spinning reported net loss to Rs 0.09 crore in the quarter ended March 2012 as against net loss of Rs 1.07 crore during the previous quarter ended March 2011. Sales declined 74.69% to Rs 3.64 crore in the quarter ended March 2012 as against Rs 14.38 crore during the previous quarter ended March 2011.

For the Unaudited full year,net loss reported to Rs 3.17 crore in the year ended March 2012 as against net loss of Rs 0.03 crore during the previous year ended March 2011. Sales declined 48.71% to Rs 38.70 crore in the year ended March 2012 as against Rs 75.45 crore during the previous year ended March 2011.

ParticularsQuarter EndedYear Ended
 Mar. 2012Mar. 2011% Var.Mar. 2012Mar. 2011% Var.
Sales3.6414.38 -75 38.7075.45 -49
OPM %15.38-1.88 919 -0.263.07 -108
PBDT0.56-0.27 LP -0.102.32 PL
PBT-0.09-1.07 92 -3.17-1.11 -186
NP-0.09-1.07 92 -3.17-0.03 -10467