Siyaram Silk Mills consolidated net profit declines 51.11% in the March 2020 quarter

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Sales decline 20.61% to Rs 466.89 crore
Net profit of Siyaram Silk Mills declined 51.11% to Rs 22.75 crore in the quarter ended March 2020 as against Rs 46.53 crore during the previous quarter ended March 2019. Sales declined 20.61% to Rs 466.89 crore in the quarter ended March 2020 as against Rs 588.06 crore during the previous quarter ended March 2019.For the full year,net profit declined 30.11% to Rs 69.25 crore in the year ended March 2020 as against Rs 99.09 crore during the previous year ended March 2019. Sales declined 6.43% to Rs 1699.30 crore in the year ended March 2020 as against Rs 1816.17 crore during the previous year ended March 2019.
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First Published: Jun 27 2020 | 5:24 PM IST