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Fall in Sangam net sales

Sangam has reported net sales of Rs 464.74 crores during the period ended June 30, 2019, as compared to Rs 491.44 crores during the period ended March 31, 2019.

Net profit was Rs 1.14 crores for the period ended June 30, 2019, as against Rs 0.71 crores for the period ended March 31, 2019. EPS was Rs 0.29 for the period ended June 30, 2019, as compared to Rs 0.18 for the period ended March 31, 2019.

Net sales were Rs 464.74 crores during the period ended June 30, 2019, as compared to Rs 476.68 crores during the period ended June 30, 2018. Net profit was Rs 1.14 crores for the period ended June 30, 2019, as against Rs 4.09 crores for the period ended June 30, 2018. EPS was Rs 0.29 for the period ended June 30, 2019, as compared to Rs 1.04 for the period ended June 30, 2018.

Sangam which opened in 1984 began with weaving and later integrated backward and forward and started expanding its capacities. Today it is a vertically integrated unit, starting from yarn right up to garments. It does cotton and synthetic yarns, denim fabrics, suiting fabrics, PV suitings. Sangam supplies fabrics to other companies which dye, finish their own way. As of today, it is 20 per cent into shirting.

 
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