Nahar Spinning Mills standalone net profit declines 79.42% in the March 2016 quarter

Sales rise 0.33% to Rs 552.90 crore

Net profit of Nahar Spinning Mills declined 79.42% to Rs 7.78 crore in the quarter ended March 2016 as against Rs 37.81 crore during the previous quarter ended March 2015. Sales rose 0.33% to Rs 552.90 crore in the quarter ended March 2016 as against Rs 551.10 crore during the previous quarter ended March 2015.

For the full year,net profit rose 146.86% to Rs 49.89 crore in the year ended March 2016 as against Rs 20.21 crore during the previous year ended March 2015. Sales declined 5.20% to Rs 2033.58 crore in the year ended March 2016 as against Rs 2145.07 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales552.90551.10 0 2033.582145.07 -5 OPM %9.9115.20 -10.959.94 - PBDT41.7368.28 -39 180.69145.07 25 PBT17.7141.49 -57 79.6214.51 449 NP7.7837.81 -79 49.8920.21 147

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