Priyadarshini spinning mills record 23% jump in revenue

Hyderabad, July 31 (UNI) Priyadarshini Spinning Mills Limited, a leading manufacturer of cotton and synthetic yarn, recorded a 23 per cent jump in revenue at Rs 47.86 crore for the quarter ending June this year.

However, there was a 27 per cent drop in net profits for the same period, a company release here said.

During the first quarter of the current fiscal, the value of earning per share of the compay had decreased from Rs 1.09 to Rs 0.80.

UNI