Sambandam Spinning Mills standalone net profit declines 71.74% in the March 2016 quarter

Sales decline 9.39% to Rs 51.52 crore

Net profit of Sambandam Spinning Mills declined 71.74% to Rs 0.13 crore in the quarter ended March 2016 as against Rs 0.46 crore during the previous quarter ended March 2015. Sales declined 9.39% to Rs 51.52 crore in the quarter ended March 2016 as against Rs 56.86 crore during the previous quarter ended March 2015.

For the full year,net profit declined 87.83% to Rs 0.42 crore in the year ended March 2016 as against Rs 3.45 crore during the previous year ended March 2015. Sales declined 15.17% to Rs 205.25 crore in the year ended March 2016 as against Rs 241.96 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales51.5256.86 -9 205.25241.96 -15 OPM %10.6410.45 -11.1111.08 - PBDT2.683.62 -26 11.9415.93 -25 PBT-0.060.60 PL 1.265.08 -75 NP0.130.46 -72 0.423.45 -88

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