Santaram Spinners reports standalone net profit of Rs 0.18 crore in the March 2016 quarter

Sales decline 19.58% to Rs 42.40 crore

Net profit of Santaram Spinners reported to Rs 0.18 crore in the quarter ended March 2016 as against net loss of Rs 0.49 crore during the previous quarter ended March 2015. Sales declined 19.58% to Rs 42.40 crore in the quarter ended March 2016 as against Rs 52.72 crore during the previous quarter ended March 2015.

For the full year,net profit rose 19.05% to Rs 0.25 crore in the year ended March 2016 as against Rs 0.21 crore during the previous year ended March 2015. Sales declined 3.29% to Rs 165.49 crore in the year ended March 2016 as against Rs 171.12 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales42.4052.72 -20 165.49171.12 -3 OPM %1.630.93 -1.671.82 - PBDT0.29-0.36 LP 0.580.67 -13 PBT0.16-0.59 LP 0.230.31 -26 NP0.18-0.49 LP 0.250.21 19

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