Deepak Spinners reports standalone net loss of Rs 2.93 crore in the March 2024 quarter

Sales rise 0.71% to Rs 108.68 crore

Net loss of Deepak Spinners reported to Rs 2.93 crore in the quarter ended March 2024 as against net profit of Rs 5.98 crore during the previous quarter ended March 2023. Sales rose 0.71% to Rs 108.68 crore in the quarter ended March 2024 as against Rs 107.91 crore during the previous quarter ended March 2023.

For the full year,net profit declined 96.76% to Rs 1.30 crore in the year ended March 2024 as against Rs 40.09 crore during the previous year ended March 2023. Sales declined 16.10% to Rs 470.98 crore in the year ended March 2024 as against Rs 561.36 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales108.68107.91 1 470.98561.36 -16 OPM %0.2911.31 -4.2212.58 - PBDT0.3112.24 -97 18.7570.03 -73 PBT-3.818.26 PL 2.0554.02 -96 NP-2.935.98 PL 1.3040.09 -97

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