Financial Daily from THE HINDU group of publications
Saturday, Feb 12, 2005
Financial Daily from THE HINDU group of publications Saturday, Feb 12, 2005 |
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Corporate Results
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Textiles Super Spinning Q3 net shrinks 24 pc Our Bureau
Coimbatore , Feb. 11 SUPER Spinning Mills has recorded an 11-per cent growth in its sale income, at Rs 95.32 crore, for the quarter ended December 2004, compared with Rs 85.77 crore in the same year-ago period. But net profit for the quarter shrunk by 24 per cent at Rs 1.96 crore, against Rs 2.58 crore previously. The lower net profit was attributed to a higher deferred tax provision of Rs 1.14 crore shown for the quarter, compared with Rs 58 lakh earlier.
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