INDIA: Super Spinning Mills Q2 Net Falls

The profitability of Super Spinning Mills Ltd during the second quarter ended September 30 has declined with its profit before tax (PBT) falling to Rs 2.28 crore as compared to Rs 6.35 crore for the same period in the previous fiscal. Its net profit after adjusting the tax provisions for the just-concluded quarter went down further to Rs 1.60 crore as against Rs 6.05 crore in the previous year.

This is despite a marginal rise in its net sales during the quarter when its sale income rose to Rs 79.98 crore as against Rs 78.02 crore realised on September 30, 2002.

The audited financial results adopted by board show that its profit (before tax) at Rs 2.28 crore as a percentage to its sale fell to 2.85 per cent as compared to 8 per cent in the previous year when its PBT was at Rs 6.35 crore.

Source: Agencies.

November 22, 2003

Send your News/Releases for publication to [email protected]
Added: November 22, 2003
Start script - 1544835600.7171 Start news id check - 1544835600.7171 After news id check - 1544835600.7178 After cookie_code - 1544835602.5153 Before news detail - 1544835602.5153 After news detail - 1544835602.5161 Start cat select - 1544835602.5161 After cat select - 1544835602.5163 before preg replace - 1544835602.5163 After preg replace - 1544835602.5164 Before tag engine - 1544835602.5164 After tag engine - 1544835602.5211 Before mptt engine - 1544835602.5211 After mptt engine - 1544835602.5211 Before related engine - 1544835602.5211 After related engine - 1544835602.5228 Before update hits - 1544835602.5229 After update hits - 1544835602.523 After update news_hits - 1544835602.5237 After mem_only_views - 1544835602.5237 -------------------------------------------------- Total Exec time:- 1.8067998886108
AddThis Social Bookmark Button   Tell a friendBookmark AddThis Feed Button
Related News:

Website design by InWiz • © - 2000-2018. Internet Wizards All rights reserved. About usTerms & ConditionsDisclaimerPrivacy policy • 15-12-2018