Loyal Textile Mills standalone net profit declines 69.53% in the March 2019 quarter

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Sales rise 1.97% to Rs 334.13 crore
Net profit of Loyal Textile Mills declined 69.53% to Rs 3.83 crore in the quarter ended March 2019 as against Rs 12.57 crore during the previous quarter ended March 2018. Sales rose 1.97% to Rs 334.13 crore in the quarter ended March 2019 as against Rs 327.67 crore during the previous quarter ended March 2018.For the full year,net profit rose 11.48% to Rs 25.73 crore in the year ended March 2019 as against Rs 23.08 crore during the previous year ended March 2018. Sales rose 13.05% to Rs 1306.94 crore in the year ended March 2019 as against Rs 1156.03 crore during the previous year ended March 2018.
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First Published: Jun 03 2019 | 8:45 AM IST