Results     05-Jun-08
Announcements
Morarjee Textiles reports net loss of Rs 6.76 crore in the March 2008 quarter
Sales decline 35.06% to Rs 37.26 crore
Morarjee Textiles reported net loss of Rs 6.76 crore in the quarter ended March 2008 as against net profit of Rs 1.45 crore during the previous quarter ended March 2007. Sales declined 35.06% to Rs 37.26 crore in the quarter ended March 2008 as against Rs 57.38 crore during the previous quarter ended March 2007.

For the full year, net loss reported to Rs 22.74 crore in the year ended March 2008 as against net profit of Rs 8.42 crore during the previous year ended March 2007. Sales declined 18.80% to Rs 172.55 crore in the year ended March 2008 as against Rs 212.51 crore during the previous year ended March 2007.

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