Sambandam Spinning Mills reports standalone net loss of Rs 0.50 crore in the March 2018 quarter

Sales decline 17.88% to Rs 56.74 crore

Net Loss of Sambandam Spinning Mills reported to Rs 0.50 crore in the quarter ended March 2018 as against net loss of Rs 4.67 crore during the previous quarter ended March 2017. Sales declined 17.88% to Rs 56.74 crore in the quarter ended March 2018 as against Rs 69.09 crore during the previous quarter ended March 2017.

For the full year,net profit declined 20.14% to Rs 3.45 crore in the year ended March 2018 as against Rs 4.32 crore during the previous year ended March 2017. Sales declined 7.67% to Rs 193.08 crore in the year ended March 2018 as against Rs 209.11 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales56.7469.09 -18 193.08209.11 -8 OPM %11.2110.07 -12.4016.29 - PBDT4.624.43 4 16.4224.12 -32 PBT2.041.71 19 6.2713.55 -54 NP-0.50-4.67 89 3.454.32 -20

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