Nahar Spinning Mills reports standalone net loss of Rs 20.01 crore in the June 2017 quarter

Capital Market 

Sales decline 9.66% to Rs 488.21 crore

Net loss of Mills reported to Rs 20.01 crore in the quarter ended June 2017 as against net profit of Rs 15.00 crore during the previous quarter ended June 2016. Sales declined 9.66% to Rs 488.21 crore in the quarter ended June 2017 as against Rs 540.43 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales488.21540.43 -10 OPM %2.599.64 -PBDT2.5345.52 -94 PBT-21.3122.07 PL NP-20.0115.00 PL

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