Home Fashion Winsome Textile reports net loss of Rs 2.89 crore in Q4

Winsome Textile reports net loss of Rs 2.89 crore in Q4

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Textile Industries has reported a net loss of Rs 2.89 crore in the quarter ended March 2014 as against net profit of Rs 2.76 crore during the previous quarter ended March 2013. Sales rose 89.20% to Rs 173.89 crore in the quarter ended March 2014 as against Rs 91.91 crore during the previous quarter ended March 2013.

For the full year, net profit rose 21.05 percent to Rs 18.29 crore in the year ended March 2014 as against Rs 15.11 crore during the previous year ended March 2013. Sales rose 41.79 percent to Rs 498.83 crore in the year ended March 2014 as against Rs 351.80 crore during the previous year ended  March 2013.