Loyal Textile Mills standalone net profit rises 6.18% in the March 2017 quarter

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Sales rise 13.65% to Rs 295.61 crore
Net profit of Loyal Textile Mills rose 6.18% to Rs 4.81 crore in the quarter ended March 2017 as against Rs 4.53 crore during the previous quarter ended March 2016. Sales rose 13.65% to Rs 295.61 crore in the quarter ended March 2017 as against Rs 260.10 crore during the previous quarter ended March 2016.For the full year,net profit rose 2.77% to Rs 26.69 crore in the year ended March 2017 as against Rs 25.97 crore during the previous year ended March 2016. Sales declined 3.99% to Rs 1055.20 crore in the year ended March 2017 as against Rs 1099.07 crore during the previous year ended March 2016.
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First Published: May 30 2017 | 3:38 PM IST