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Nahar Spinning Mills reports standalone net profit of Rs 63.41 crore in the March 2021 quarter

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Capital Market

Sales rise 27.80% to Rs 726.70 crore

Net profit of Nahar Spinning Mills reported to Rs 63.41 crore in the quarter ended March 2021 as against net loss of Rs 13.39 crore during the previous quarter ended March 2020. Sales rose 27.80% to Rs 726.70 crore in the quarter ended March 2021 as against Rs 568.61 crore during the previous quarter ended March 2020.

For the full year,net profit reported to Rs 41.41 crore in the year ended March 2021 as against net loss of Rs 53.06 crore during the previous year ended March 2020. Sales rose 1.40% to Rs 2111.87 crore in the year ended March 2021 as against Rs 2082.70 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales726.70568.61 28 2111.872082.70 1 OPM %16.953.67 -9.182.83 - PBDT108.353.37 3115 135.553.58 3686 PBT87.93-17.49 LP 53.53-78.06 LP NP63.41-13.39 LP 41.41-53.06 LP

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First Published: May 31 2021 | 4:39 PM IST

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