Nahar Spinning Mills standalone net profit rises 135.79% in the March 2018 quarter

Sales decline 5.66% to Rs 550.75 crore

Net profit of Nahar Spinning Mills rose 135.79% to Rs 10.87 crore in the quarter ended March 2018 as against Rs 4.61 crore during the previous quarter ended March 2017. Sales declined 5.66% to Rs 550.75 crore in the quarter ended March 2018 as against Rs 583.78 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 32.18 crore in the year ended March 2018 as against net profit of Rs 45.75 crore during the previous year ended March 2017. Sales rose 0.05% to Rs 2133.19 crore in the year ended March 2018 as against Rs 2132.12 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales550.75583.78 -6 2133.192132.12 0 OPM %9.466.36 -4.158.56 - PBDT38.9034.04 14 47.77163.53 -71 PBT16.009.96 61 -46.3067.70 PL NP10.874.61 136 -32.1845.75 PL

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