Suryalata Spinning Mills standalone net profit declines 30.07% in the March 2017 quarter

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Sales rise 3.25% to Rs 91.05 crore
Net profit of Suryalata Spinning Mills declined 30.07% to Rs 2.00 crore in the quarter ended March 2017 as against Rs 2.86 crore during the previous quarter ended March 2016. Sales rose 3.25% to Rs 91.05 crore in the quarter ended March 2017 as against Rs 88.18 crore during the previous quarter ended March 2016.For the full year,net profit declined 1.77% to Rs 9.44 crore in the year ended March 2017 as against Rs 9.61 crore during the previous year ended March 2016. Sales declined 2.02% to Rs 346.53 crore in the year ended March 2017 as against Rs 353.69 crore during the previous year ended March 2016.
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First Published: May 20 2017 | 5:24 PM IST