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Cantabil Retail India Reports Net Loss in the March 2014 Quarter

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Cantabil Retail India reported a net loss of Rs 1.36 crore in the quarter ended March 2014 as against net loss of Rs 19.26 crore during the previous quarter ended March 2013. Sales rose 0.69 percent to Rs 34.97 crore in the quarter ended March 2014 as against Rs 34.73 crore during the previous quarter ended March 2013.

For the full year, net loss reported to Rs 9.11 crore in the year ended March 2014 as against net loss of Rs 32.88 crore during the previous year ended March 2013. Sales declined 6.80 percent to Rs 110.65 crore in the year ended March 2014 as against Rs 118.72 crore during the previous year ended March 2013.

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