Bannari Amman Spinning Mills reports consolidated net profit of Rs 11.89 crore in the March 2021 quarter

Sales rise 10.77% to Rs 308.64 crore

Net profit of Bannari Amman Spinning Mills reported to Rs 11.89 crore in the quarter ended March 2021 as against net loss of Rs 8.48 crore during the previous quarter ended March 2020. Sales rose 10.77% to Rs 308.64 crore in the quarter ended March 2021 as against Rs 278.62 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 11.00 crore in the year ended March 2021 as against net profit of Rs 2.42 crore during the previous year ended March 2020. Sales declined 10.17% to Rs 1018.54 crore in the year ended March 2021 as against Rs 1133.88 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales308.64278.62 11 1018.541133.88 -10 OPM %12.023.65 -7.618.48 - PBDT23.30-5.40 LP 20.7142.66 -51 PBT15.22-9.88 LP -12.0310.04 PL NP11.89-8.48 LP -11.002.42 PL

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