Nahar Spinning Mills net profit rises 98.78% in the March 2014 quarter

Sales rise 16.02% to Rs 595.56 crore

Net profit of Nahar Spinning Mills rose 98.78% to Rs 39.08 crore in the quarter ended March 2014 as against Rs 19.66 crore during the previous quarter ended March 2013. Sales rose 16.02% to Rs 595.56 crore in the quarter ended March 2014 as against Rs 513.34 crore during the previous quarter ended March 2013.

For the full year,net profit rose 86.62% to Rs 145.30 crore in the year ended March 2014 as against Rs 77.86 crore during the previous year ended March 2013. Sales rose 12.46% to Rs 2200.07 crore in the year ended March 2014 as against Rs 1956.38 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales595.56513.34 16 2200.071956.38 12 OPM %12.7617.33 -15.9216.16 - PBDT66.7369.66 -4 292.66221.60 32 PBT43.6047.95 -9 204.50134.05 53 NP39.0819.66 99 145.3077.86 87

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