Reliance Spinning Mills’ Revenue From Operation Increased To 10.46 Arba; Net Profit Stands Rs 39.90 Crore
Summary
Reliance Spinning Mills Limited reported a net profit of Rs 39.90 crore in the fourth quarter of FY 2082/83, down 16.14% year-on-year, even as revenue from operations rose 2.17% to Rs 10.46 arba. Operating profit, EPS and other income all declined, while the company’s share price stood at Rs 2,970 at quarter-end.
Key Points
- Net profit fell 16.14% year-on-year to Rs 39.90 crore in Q4 FY 2082/83.
- Revenue from operations increased 2.17% to Rs 10.46 arba from Rs 10.24 arba.
- Operating profit dropped 28.65% and EPS declined to Rs 21.00.
- The company’s share price was Rs 2,970 at quarter-end, with a P/E ratio of 141.42 times.
