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Nahar Spinning Mills standalone net profit declines 77.01% in the June 2019 quarter

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Capital Market

Sales decline 8.41% to Rs 533.54 crore

Net profit of Nahar Spinning Mills declined 77.01% to Rs 3.18 crore in the quarter ended June 2019 as against Rs 13.83 crore during the previous quarter ended June 2018. Sales declined 8.41% to Rs 533.54 crore in the quarter ended June 2019 as against Rs 582.52 crore during the previous quarter ended June 2018. ParticularsQuarter EndedJun. 2019Jun. 2018% Var.Sales533.54582.52 -8 OPM %6.799.67 -PBDT24.1943.43 -44 PBT4.7320.78 -77 NP3.1813.83 -77

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First Published: Aug 17 2019 | 11:02 AM IST

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