Nahar Spinning Mills standalone net profit rises 69.11% in the March 2022 quarter

Sales rise 37.10% to Rs 996.34 crore

Net profit of Nahar Spinning Mills rose 69.11% to Rs 107.23 crore in the quarter ended March 2022 as against Rs 63.41 crore during the previous quarter ended March 2021. Sales rose 37.10% to Rs 996.34 crore in the quarter ended March 2022 as against Rs 726.70 crore during the previous quarter ended March 2021.

For the full year,net profit rose 1112.73% to Rs 502.19 crore in the year ended March 2022 as against Rs 41.41 crore during the previous year ended March 2021. Sales rose 70.17% to Rs 3593.86 crore in the year ended March 2022 as against Rs 2111.87 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales996.34726.70 37 3593.862111.87 70 OPM %17.9416.95 -22.379.18 - PBDT162.46108.35 50 750.18135.55 453 PBT145.6887.93 66 674.7353.53 1160 NP107.2363.41 69 502.1941.41 1113

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