CHENNAI: Sambandam Spinning Mills has reported a turnover of Rs. 27.62 crore for the quarter ended March 31, 2006 against Rs. 23.76 crore in the corresponding period in 2005. The net profit has increased to Rs. 87.08 lakh from Rs. 85.84 lakh. According to a release, the company's expansion and modernisation programme at a cost of Rs. 40 crore is expected to be completed by October.