Results Thursday, May 31, 2012 20:42 Hrs IST

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ANNOUNCEMENTS

Nahar Spinning Mills net profit declines 81.25% in the March 2012 quarter

Sales rise 32.29% to Rs 470.80 crore

Nahar Spinning Mills net profit declined 81.25% to Rs 4.67 crore in the quarter ended March 2012 as against Rs 24.91 crore during the previous quarter ended March 2011. Sales rose 32.29% to Rs 470.80 crore in the quarter ended March 2012 as against Rs 355.89 crore during the previous quarter ended March 2011.

For the Audited full year,net loss reported to Rs 117.20 crore in the year ended March 2012 as against net profit of Rs 119.73 crore during the previous year ended March 2011. Sales rose 21.79% to Rs 1691.42 crore in the year ended March 2012 as against Rs 1388.75 crore during the previous year ended March 2011.

ParticularsQuarter EndedYear Ended
 Mar. 2012Mar. 2011% Var.Mar. 2012Mar. 2011% Var.
Sales470.80355.89 32 1691.421388.75 22
OPM %10.6818.82 -43 0.7021.27 -97
PBDT28.4453.90 -47 -89.01258.29 PL
PBT6.9535.55 -80 -173.45188.51 PL
NP4.6724.91 -81 -117.20119.73 PL

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