Katare Spinning Mills Ltd. Reports Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2015
For the nine months, the company reported net sales/income from operations of INR 242.433 million against INR 235.037 million a year ago. Profit from operations before other income, int, excp. was INR 9.6 million against INR 14.962 million a year ago. Loss from ordinary activities before tax was INR 12.311 million against profit from ordinary activities before tax of INR 6.642 million a year ago. Net loss for the period was INR 1.3269 million against net profit for the period of INR 0.192 million a year ago. Basic and diluted loss per share was INR 0.47 against diluted earnings per share of INR 0.07 a year ago.