Maris Spinners standalone net profit rises 50.77% in the March 2018 quarter

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Sales decline 11.24% to Rs 30.88 crore
Net profit of Maris Spinners rose 50.77% to Rs 0.98 crore in the quarter ended March 2018 as against Rs 0.65 crore during the previous quarter ended March 2017. Sales declined 11.24% to Rs 30.88 crore in the quarter ended March 2018 as against Rs 34.79 crore during the previous quarter ended March 2017.For the full year,net profit declined 62.64% to Rs 0.99 crore in the year ended March 2018 as against Rs 2.65 crore during the previous year ended March 2017. Sales rose 3.80% to Rs 122.20 crore in the year ended March 2018 as against Rs 117.73 crore during the previous year ended March 2017.
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First Published: Jun 18 2018 | 5:55 PM IST