A K Spintex standalone net profit rises 245.45% in the March 2020 quarter

Image
Capital Market
Last Updated : Jun 30 2020 | 4:31 PM IST

Sales decline 4.68% to Rs 15.88 crore

Net profit of A K Spintex rose 245.45% to Rs 0.38 crore in the quarter ended March 2020 as against Rs 0.11 crore during the previous quarter ended March 2019. Sales declined 4.68% to Rs 15.88 crore in the quarter ended March 2020 as against Rs 16.66 crore during the previous quarter ended March 2019.

For the full year,net profit rose 51.59% to Rs 1.91 crore in the year ended March 2020 as against Rs 1.26 crore during the previous year ended March 2019. Sales rose 5.72% to Rs 63.58 crore in the year ended March 2020 as against Rs 60.14 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales15.8816.66 -5 63.5860.14 6 OPM %10.6410.14 -11.2511.12 - PBDT1.611.47 10 6.315.53 14 PBT0.720.31 132 2.591.76 47 NP0.380.11 245 1.911.26 52

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 30 2020 | 4:05 PM IST

Next Story