Maris Spinners standalone net profit declines 85.37% in the March 2022 quarter

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Sales rise 22.79% to Rs 50.54 crore
Net profit of Maris Spinners declined 85.37% to Rs 0.91 crore in the quarter ended March 2022 as against Rs 6.22 crore during the previous quarter ended March 2021. Sales rose 22.79% to Rs 50.54 crore in the quarter ended March 2022 as against Rs 41.16 crore during the previous quarter ended March 2021.For the full year,net profit rose 128.25% to Rs 15.43 crore in the year ended March 2022 as against Rs 6.76 crore during the previous year ended March 2021. Sales rose 60.72% to Rs 170.40 crore in the year ended March 2022 as against Rs 106.02 crore during the previous year ended March 2021.
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First Published: May 16 2022 | 8:24 AM IST