Revenue grew 35.01% YOY to Rs.37.40 Crore at Shubham Polyspin in FY2018-19 against FY17-18.

Company : Share India Securities Ltd

Ankit Anil Somani, Managing Director of Shubham Polyspin Ltd reported Rs.73.97 Lakh PAT in FY2018-19 decreasing by Rs.0.54 Crore as against previous year's.

Reportedly in HY2 of FY2018-19, net profit reached Rs.44.25 Lakh while in corresponding period last year it was Rs.79.12 Lakh.

The company registered 49.16% YOY PBT decrement accounting to Rs.89.88 Lakh in FY2018-19 against preceding year"s fiscal. In the second half of FY2018-19 profit before tax decreased by Rs.26.03 Lakh aggregating to Rs.60.16 Lakh as against Rs.86.19 Lakh in a year-ago period.

Gujarat based Shubham Polyspin Limited manufactures polypropylene multifilament yarn of various types including air-intermingled yarn, twisted yarn & bag closing yarn.

Recent Stories