Net profit of Nahar Spinning Mills declined 77.01% to Rs 3.18 crore in the quarter ended June 2019 as against Rs 13.83 crore during the previous quarter ended June 2018. Sales declined 8.41% to Rs 533.54 crore in the quarter ended June 2019 as against Rs 582.52 crore during the previous quarter ended June 2018.

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Nahar Spinning Mills will hold a meeting of the Board of Directors of the Company on 13 August 2019.

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Net profit of Nahar Spinning Mills declined 54.19% to Rs 4.98 crore in the quarter ended March 2019 as against Rs 10.87 crore during the previous quarter ended March 2018. Sales rose 11.54% to Rs 614.32 crore in the quarter ended March 2019 as against Rs 550.75 crore during the previous quarter ended March 2018.

For the full year,net profit reported to Rs 65.72 crore in the year ended March 2019 as against net loss of Rs 32.18 crore during the previous year ended March 2018. Sales rose 8.06% to Rs 2305.20 crore in the year ended March 2019 as against Rs 2133.19 crore during the previous year ended March 2018.

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Net profit of Nahar Spinning Mills rose 831.00% to Rs 21.32 crore in the quarter ended December 2018 as against Rs 2.29 crore during the previous quarter ended December 2017. Sales rose 4.13% to Rs 568.33 crore in the quarter ended December 2018 as against Rs 545.77 crore during the previous quarter ended December 2017.

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