Nahar Spinning Mills net profit rises 320.99% in the March 2013 quarter

Sales rise 9.04% to Rs 513.34 crore

Net profit of Nahar Spinning Mills rose 320.99% to Rs 19.66 crore in the quarter ended March 2013 as against Rs 4.67 crore during the previous quarter ended March 2012. Sales rose 9.04% to Rs 513.34 crore in the quarter ended March 2013 as against Rs 470.80 crore during the previous quarter ended March 2012.

For the Audited full year,net profit reported to Rs 77.86 crore in the year ended March 2013 as against net loss of Rs 117.20 crore during the previous year ended March 2012. Sales rose 15.66% to Rs 1956.38 crore in the year ended March 2013 as against Rs 1691.42 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales513.34470.80 9 1956.381691.42 16 OPM %17.3310.68 62 16.160.70 2219 PBDT69.6628.44 145 221.60-89.01 LP PBT47.956.95 590 134.05-173.45 LP NP19.664.67 321 77.86-117.20 LP

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