Deepak Spinners announced that the Board of Directors of the Company at its meeting held on 29 May 2024, inter alia, have recommended the final dividend of Rs 0.5 per equity Share (i.e. 5%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net loss of Deepak Spinners reported to Rs 2.93 crore in the quarter ended March 2024 as against net profit of Rs 5.98 crore during the previous quarter ended March 2023. Sales rose 0.71% to Rs 108.68 crore in the quarter ended March 2024 as against Rs 107.91 crore during the previous quarter ended March 2023.For the full year,net profit declined 96.76% to Rs 1.30 crore in the year ended March 2024 as against Rs 40.09 crore during the previous year ended March 2023. Sales declined 16.10% to Rs 470.98 crore in the year ended March 2024 as against Rs 561.36 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales108.68107.91 1 470.98561.36 -16 OPM %0.2911.31 -4.2212.58 - PBDT0.3112.24 -97 18.7570.03 -73 PBT-3.818.26 PL 2.0554.02 -96 NP-2.935.98 PL 1.3040.09 -97 Powered by Capital Market - Live News

Deepak Spinners will hold a meeting of the Board of Directors of the Company on 29 May 2024Powered by Capital Market - Live News

Deepak Spinners announced that Pradip Kumar Daga (DIN: 00040692), has ceased to be Chief Executive Officer with effect from 16 April 2024, by virtue of his ceasing to be a Director on the same date. Powered by Capital Market - Live News

Net loss of Deepak Spinners reported to Rs 0.51 crore in the quarter ended December 2023 as against net profit of Rs 8.56 crore during the previous quarter ended December 2022. Sales declined 17.09% to Rs 116.11 crore in the quarter ended December 2023 as against Rs 140.04 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales116.11140.04 -17 OPM %3.4511.35 - PBDT3.6915.84 -77 PBT-0.6311.47 PL NP-0.518.56 PL Powered by Capital Market - Live News