Sales decline 22.24% to Rs 43.15 crore
Net profit of Surat Textile Mills declined 89.25% to Rs 0.95 crore in the quarter ended March 2020 as against Rs 8.84 crore during the previous quarter ended March 2019. Sales declined 22.24% to Rs 43.15 crore in the quarter ended March 2020 as against Rs 55.49 crore during the previous quarter ended March 2019.For the full year,net profit declined 35.80% to Rs 7.80 crore in the year ended March 2020 as against Rs 12.15 crore during the previous year ended March 2019. Sales declined 16.65% to Rs 180.28 crore in the year ended March 2020 as against Rs 216.28 crore during the previous year ended March 2019.
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