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Niwas Spinning Mills reports standalone net loss of Rs 3.01 crore in the September 2017 quarter

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Capital Market

Sales decline 92.25% to Rs 0.11 crore

Net loss of Niwas Spinning Mills reported to Rs 3.01 crore in the quarter ended September 2017 as against net profit of Rs 0.02 crore during the previous quarter ended September 2016. Sales declined 92.25% to Rs 0.11 crore in the quarter ended September 2017 as against Rs 1.42 crore during the previous quarter ended September 2016. ParticularsQuarter EndedSep. 2017Sep. 2016% Var.Sales0.111.42 -92 OPM %-72.731.41 -PBDT-0.050.02 PL PBT-0.050.02 PL NP-3.010.02 PL

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First Published: Oct 31 2017 | 4:25 PM IST

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