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

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Capital Market

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.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales91.0588.18 3 346.53353.69 -2 OPM %5.588.06 -7.228.11 - PBDT5.016.37 -21 22.4322.67 -1 PBT3.054.34 -30 14.3114.56 -2 NP2.002.86 -30 9.449.61 -2

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First Published: May 20 2017 | 5:24 PM IST

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