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Sambandam Spinning Mills standalone net profit rises 291.10% in the September 2016 quarter

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Capital Market

Sales decline 20.68% to Rs 43.53 crore

Net profit of Sambandam Spinning Mills rose 291.10% to Rs 5.71 crore in the quarter ended September 2016 as against Rs 1.46 crore during the previous quarter ended September 2015. Sales declined 20.68% to Rs 43.53 crore in the quarter ended September 2016 as against Rs 54.88 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales43.5354.88 -21 OPM %31.0814.05 -PBDT11.004.97 121 PBT8.382.29 266 NP5.711.46 291

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First Published: Nov 11 2016 | 12:02 PM IST

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