Super Spinning Mills jumps on registering four-fold rise in Q4 net profit

22 May 2012

Super Spinning Mills is currently trading at Rs. 5.44, up by 0.34 points or 6.67% from its previous closing of Rs. 5.10 on the BSE.

The scrip opened at Rs. 5.40 and has touched a high and low of Rs. 5.44 and Rs. 5.08 respectively. So far 2100 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 12.00 on 15-Jul-2011 and a 52 week low of Rs. 4.51 on 11-May-2012.

Last one week high and low of the scrip stood at Rs. 5.50 and Rs. 4.75 respectively. The current market cap of the company is Rs. 29.92 crore.

The promoters holding in the company stood at 40.02% while Institutions and Non-Institutions held 2.02% and 57.96% respectively.

Super Spinning Mills has reported results for fourth quarter and year ended March 31, 2012.

On standalone basis, the company has posted a rise of 333.50% in its net profit at Rs 8.41 crore for the quarter ended March 31, 2012 as compared to Rs 1.94 crore for the same quarter in the previous year.   However, total income has decreased by 22.98% at Rs 101.92 crore for quarter under review as compared to Rs 132.33 crore for the quarter ended March 31, 2011

For the full year ended March 31, 2012, the company has reported net loss of Rs 42.92 crore for the year ended March 31, 2012, against net profit of Rs 13.91 crore last fiscal. Total income decreased by 20.89% at Rs 377.95 crore during the year under review from Rs 477.77 crore in the year-ago period.

On consolidated basis, the company has reported net loss of Rs 44.08 crore for the year ended March 31, 2012, against net profit of Rs 14.70 crore for the corresponding period last fiscal. Total income decreased by 20.17% at Rs 388.95 crore during the year under review from Rs 487.20 crore in the year-ago period.


 

Related Super Spinning Mills Ltd. Links:

Super Spinning Mills Share Price

4.76 0.15 (3.25%) Feb 26, 18:55
1 Year Price Chart
Peers
Company Name CMP
Trident 13.82
Filatex India 67.20
Sutlej Textiles&Inds 42.25
Nahar Spinning Mills 82.00
Nahar Ind.Enterprise 46.65
View more..
Sensex vs Super Spinning Mills
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback