Sambandam Spinning Mills reports standalone net loss of Rs 1.27 crore in the March 2020 quarter

Sales rise 0.76% to Rs 45.12 crore

Jun 29, 2020 09:06 IST capital market

Net loss of Sambandam Spinning Mills reported to Rs 1.27 crore in the quarter ended March 2020 as against net profit of Rs 0.03 crore during the previous quarter ended March 2019. Sales rose 0.76% to Rs 45.12 crore in the quarter ended March 2020 as against Rs 44.78 crore during the previous quarter ended March 2019.

For the full year,net profit declined 49.33% to Rs 2.27 crore in the year ended March 2020 as against Rs 4.48 crore during the previous year ended March 2019. Sales declined 8.74% to Rs 191.18 crore in the year ended March 2020 as against Rs 209.50 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear Ended
?Mar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.
Sales45.1244.78 1 191.18209.50 -9
OPM %7.459.87 -10.1510.71 -
PBDT1.332.75 -52 12.1315.62 -22
PBT-1.080.13 PL 2.755.47 -50
NP-1.270.03 PL 2.274.48 -49

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