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

Deepak Spinners will hold a meeting of the Board of Directors of the Company on 9 February 2024.Powered by Capital Market - Live News

Net profit of Deepak Spinners declined 80.60% to Rs 2.54 crore in the quarter ended September 2023 as against Rs 13.09 crore during the previous quarter ended September 2022. Sales declined 15.21% to Rs 133.12 crore in the quarter ended September 2023 as against Rs 157.00 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales133.12157.00 -15 OPM %5.8013.57 - PBDT7.6521.44 -64 PBT3.4717.58 -80 NP2.5413.09 -81 Powered by Capital Market - Live News

Net profit of Deepak Spinners declined 82.34% to Rs 2.20 crore in the quarter ended June 2023 as against Rs 12.46 crore during the previous quarter ended June 2022. Sales declined 27.30% to Rs 113.07 crore in the quarter ended June 2023 as against Rs 155.52 crore during the previous quarter ended June 2022. ParticularsQuarter Ended�Jun. 2023Jun. 2022% Var. Sales113.07155.52 -27 OPM %7.0413.59 - PBDT7.1020.51 -65 PBT3.0216.71 -82 NP2.2012.46 -82 Powered by Capital Market - Live News