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Sambandam Spinning Mills consolidated net profit declines 28.36% in the September 2019 quarter

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Capital Market

Sales decline 20.52% to Rs 50.43 crore

Net profit of Sambandam Spinning Mills declined 28.36% to Rs 2.45 crore in the quarter ended September 2019 as against Rs 3.42 crore during the previous quarter ended September 2018. Sales declined 20.52% to Rs 50.43 crore in the quarter ended September 2019 as against Rs 63.45 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales50.4363.45 -21 OPM %12.2511.99 -PBDT4.275.86 -27 PBT1.943.36 -42 NP2.453.42 -28

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First Published: Nov 13 2019 | 5:55 PM IST

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