Nahar Spinning Mills’ total income was Rs 537.57 crores during the period ended June 30, 2019, as compared to Rs 614.38 crores during the period ended March 31, 2019. Net profit was Rs 3.17 crores for the period ended June 30, 2019, as against Rs 4.98 crores for the period ended March 31, 2019. EPS was Rs 0.88 for the period ended June 30, 2019, as compared to Rs 1.38 for the period ended March 31, 2019.
Total income was Rs 537.57 crores during the period ended June 30, 2019, as compared to Rs 586 crores during the period ended June 30, 2018. Net profit was Rs 3.17 crores for the period ended June 30, 2019, as against Rs 13.83 crores for the period ended June 30, 2018. EPS was Rs 0.88 for the period ended June 30, 2019, as compared to Rs 3.84 for the period ended June 30, 2018.
Ludhiana-based Nahar, incorporated in 1980, is a spinning major with five lakh spindles and 1080 rotors. The company manufactures cotton hosiery garments, woolen knitwear and textiles, and cotton and synthetic yarn. The company has seven plants and 60 per cent of the products are aimed at export markets.