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Sambandam Spinning Mills standalone net profit rises 169.23% in the March 2017 quarter

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Capital Market

Sales rise 33.27% to Rs 68.66 crore

Net profit of Sambandam Spinning Mills rose 169.23% to Rs 0.35 crore in the quarter ended March 2017 as against Rs 0.13 crore during the previous quarter ended March 2016. Sales rose 33.27% to Rs 68.66 crore in the quarter ended March 2017 as against Rs 51.52 crore during the previous quarter ended March 2016.

For the full year,net profit rose 1838.10% to Rs 8.14 crore in the year ended March 2017 as against Rs 0.42 crore during the previous year ended March 2016. Sales rose 1.67% to Rs 208.68 crore in the year ended March 2017 as against Rs 205.25 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales68.6651.52 33 208.68205.25 2 OPM %9.7010.64 -16.3411.11 - PBDT4.332.68 62 24.1711.94 102 PBT1.61-0.06 LP 13.601.26 979 NP0.350.13 169 8.140.42 1838

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First Published: May 08 2017 | 3:13 PM IST

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