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Nahar Spinning Mills standalone net profit rises 313.20% in the September 2016 quarter

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Capital Market

Sales decline 4.25% to Rs 497.47 crore

Net profit of Nahar Spinning Mills rose 313.20% to Rs 22.23 crore in the quarter ended September 2016 as against Rs 5.38 crore during the previous quarter ended September 2015. Sales declined 4.25% to Rs 497.47 crore in the quarter ended September 2016 as against Rs 519.56 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales497.47519.56 -4 OPM %11.678.90 -PBDT53.9234.95 54 PBT29.599.23 221 NP22.235.38 313

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First Published: Nov 12 2016 | 10:23 AM IST

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