Sambandam Spinning Mills reports consolidated net profit of Rs 9.21 crore in the March 2021 quarter

Sales rise 79.17% to Rs 80.84 crore

Net profit of Sambandam Spinning Mills reported to Rs 9.21 crore in the quarter ended March 2021 as against net loss of Rs 1.31 crore during the previous quarter ended March 2020. Sales rose 79.17% to Rs 80.84 crore in the quarter ended March 2021 as against Rs 45.12 crore during the previous quarter ended March 2020.

For the full year,net profit rose 251.52% to Rs 8.12 crore in the year ended March 2021 as against Rs 2.31 crore during the previous year ended March 2020. Sales rose 20.87% to Rs 231.07 crore in the year ended March 2021 as against Rs 191.18 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales80.8445.12 79 231.07191.18 21 OPM %21.337.38 -14.2010.15 - PBDT14.731.30 1033 22.8912.17 88 PBT11.57-1.11 LP 10.462.79 275 NP9.21-1.31 LP 8.122.31 252

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