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Sambandam Spinning Mills reports consolidated net loss of Rs 7.28 crore in the December 2022 quarter

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Capital Market

Sales decline 43.95% to Rs 56.52 crore

Net loss of Sambandam Spinning Mills reported to Rs 7.28 crore in the quarter ended December 2022 as against net profit of Rs 7.06 crore during the previous quarter ended December 2021. Sales declined 43.95% to Rs 56.52 crore in the quarter ended December 2022 as against Rs 100.84 crore during the previous quarter ended December 2021. ParticularsQuarter EndedDec. 2022Dec. 2021% Var.Sales56.52100.84 -44 OPM %-4.9511.27 -PBDT-5.939.39 PL PBT-9.776.12 PL NP-7.287.06 PL

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First Published: Feb 13 2023 | 7:43 AM IST

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