Niwas Spinning Mills standalone net profit rises 14.71% in the March 2022 quarter

Sales decline 55.84% to Rs 0.34 crore

Net profit of Niwas Spinning Mills rose 14.71% to Rs 0.39 crore in the quarter ended March 2022 as against Rs 0.34 crore during the previous quarter ended March 2021. Sales declined 55.84% to Rs 0.34 crore in the quarter ended March 2022 as against Rs 0.77 crore during the previous quarter ended March 2021.

For the full year,net profit remain constant at Rs 0.01 crore in the year ended March 2022 and also during the previous year ended March 2021. Sales rose 15.84% to Rs 1.17 crore in the year ended March 2022 as against Rs 1.01 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales0.340.77 -56 1.171.01 16 OPM %-50.00-9.09 --46.15-33.66 - PBDT-0.07-0.06 -17 -0.41-0.33 -24 PBT-0.10-0.13 23 -0.48-0.46 -4 NP0.390.34 15 0.010.01 0

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