Gini Silk Mills reports standalone net profit of Rs 0.67 crore in the March 2020 quarter

Sales decline 21.21% to Rs 8.32 crore

Net profit of Gini Silk Mills reported to Rs 0.67 crore in the quarter ended March 2020 as against net loss of Rs 0.35 crore during the previous quarter ended March 2019. Sales declined 21.21% to Rs 8.32 crore in the quarter ended March 2020 as against Rs 10.56 crore during the previous quarter ended March 2019.

For the full year,net profit rose 75.70% to Rs 1.88 crore in the year ended March 2020 as against Rs 1.07 crore during the previous year ended March 2019. Sales declined 1.15% to Rs 36.20 crore in the year ended March 2020 as against Rs 36.62 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales8.3210.56 -21 36.2036.62 -1 OPM %6.85-3.41 -6.132.40 - PBDT0.630.04 1475 3.252.28 43 PBT0.32-0.22 LP 2.061.26 63 NP0.67-0.35 LP 1.881.07 76

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