Nahar Spinning Mills has reported results for third quarter ended December 31, 2013.
The company has reported 47.76% rise in its net profit at Rs 33.69 crore for the quarter, as compared to Rs 22.80 crore for the same quarter in the previous year. Total income from operations of the company increased by 5.38% at Rs 533.04 crore for quarter under review as compared to Rs 505.79 crore for the quarter ended December 31, 2012.
Nahar Spinning Millsis the part of Nahar Group of Companies. The group was established in 1949 with the incorporation of oswal woollen mills. From there it had surged ahead to establish itself as a reputed industrial conglomerate with a wide ranging portfolio from wool combing, spinning, knitting, fabric, hosiery garments etc.
