Net loss of Sambandam Spinning Mills reported to Rs 1.31 crore in the quarter ended March 2020 as against net profit of Rs 0.06 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 49.78% to Rs 2.31 crore in the year ended March 2020 as against Rs 4.60 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.

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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.

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Sambandam Spinning Mills will hold a meeting of the Board of Directors of the Company on 28 June 2020.

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Sambandam Spinning Mills will hold a meeting of the Board of Directors of the Company on 9 February 2020.

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