Nahar Spinning Mills standalone net profit declines 24.18% in the March 2017 quarter

Sales rise 6.64% to Rs 583.78 crore

Net profit of Nahar Spinning Mills declined 24.18% to Rs 4.61 crore in the quarter ended March 2017 as against Rs 6.08 crore during the previous quarter ended March 2016. Sales rose 6.64% to Rs 583.78 crore in the quarter ended March 2017 as against Rs 547.42 crore during the previous quarter ended March 2016.

For the full year,net profit declined 7.35% to Rs 45.75 crore in the year ended March 2017 as against Rs 49.38 crore during the previous year ended March 2016. Sales rose 5.08% to Rs 2132.12 crore in the year ended March 2017 as against Rs 2029.08 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales583.78547.42 7 2132.122029.08 5 OPM %6.369.36 -8.5610.83 - PBDT34.0439.12 -13 163.53180.19 -9 PBT9.9615.10 -34 67.7079.12 -14 NP4.616.08 -24 45.7549.38 -7

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