Bannari Amman Spinning Mills standalone net profit declines 31.22% in the March 2016 quarter

Sales rise 9.08% to Rs 192.27 crore

Net profit of Bannari Amman Spinning Mills declined 31.22% to Rs 1.52 crore in the quarter ended March 2016 as against Rs 2.21 crore during the previous quarter ended March 2015. Sales rose 9.08% to Rs 192.27 crore in the quarter ended March 2016 as against Rs 176.26 crore during the previous quarter ended March 2015.

For the full year,net profit rose 44.58% to Rs 18.55 crore in the year ended March 2016 as against Rs 12.83 crore during the previous year ended March 2015. Sales rose 13.21% to Rs 755.46 crore in the year ended March 2016 as against Rs 667.28 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales192.27176.26 9 755.46667.28 13 OPM %9.487.23 -12.1811.93 - PBDT8.866.60 34 56.5444.68 27 PBT2.312.17 6 27.7318.02 54 NP1.522.21 -31 18.5512.83 45

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