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Cheslind Textiles reports loss in Q1

05
Jul '07
Cheslind Textiles, a 100 percent export oriented unit for combed cotton yarn, headquartered at Bangalore with a state-of-the-art manufacturing facility has revealed its financial report for the quarter ending March 2007.

The company is faced with a loss of Rs39.28 million during this period, as compared to the corresponding period of previous which has marked a profit of Rs7.61 million.

Cheslind Textiles total income plunged by over 6.2 percent to around Rs307.6 million from Rs 328.09 million in the same quarter, last year.


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