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Sambandam Spinning Mills standalone net profit declines 63.20% in the March 2015 quarter

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Capital Market

Sales decline 12.10% to Rs 56.86 crore

Net profit of Sambandam Spinning Mills declined 63.20% to Rs 0.46 crore in the quarter ended March 2015 as against Rs 1.25 crore during the previous quarter ended March 2014. Sales declined 12.10% to Rs 56.86 crore in the quarter ended March 2015 as against Rs 64.69 crore during the previous quarter ended March 2014.

For the full year,net profit declined 63.18% to Rs 3.45 crore in the year ended March 2015 as against Rs 9.37 crore during the previous year ended March 2014. Sales declined 5.31% to Rs 241.96 crore in the year ended March 2015 as against Rs 255.54 crore during the previous year ended March 2014.

 
ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales56.8664.69 -12 241.96255.54 -5 OPM %10.4611.84 -11.0814.97 - PBDT3.624.83 -25 15.9325.21 -37 PBT0.602.05 -71 5.0814.07 -64 NP0.461.25 -63 3.459.37 -63

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First Published: May 29 2015 | 8:40 AM IST

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