Salona Cotspin reported net loss of Rs 0.31 crore in the quarter ended March 2007 as against net loss of Rs 0.08 crore during the previous quarter ended March 2006. Sales rose 5.67% to Rs 10.62 crore in the quarter ended March 2007 as against Rs 10.05 crore during the previous quarter ended March 2006.

For the full year, net profit rose 62.05% to Rs 2.69 crore in the year ended March 2007 as against Rs 1.66 crore during the previous year ended March 2006. Sales rose 23.13% to Rs 40.56 crore in the year ended March 2007 as against Rs 32.94 crore during the previous year ended March 2006.