Industry And Cluster
The net profit of Parmeshwari Silk Mills fell by 63.86 percent in the March 2021 quarter
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Author: Manali Bhanushali
Parmeshwari Silk Mills' net profit fell 63.86 percent to Rs 0.30 crore in the quarter ending March 2021, compared to Rs 0.83 crore in the preceding quarter. In the quarter ending March 2021, sales increased 3.12 percent to Rs 36.66 crore, up from Rs 35.55 crore in the preceding quarter.
Net profit fell 68.22% to Rs 1.70 crore in the fiscal year ended March 2021, compared to Rs 5.35 crore in the preceding fiscal year ending March 2020. Sales fell 29.53 percent to Rs 101.10 crore in the fiscal year ended March 2021, compared to Rs 143.47 crore the previous year.