Ambika Cotton Mills standalone net profit rises 177.76% in the March 2021 quarter

Sales rise 33.47% to Rs 195.92 crore

Net profit of Ambika Cotton Mills rose 177.76% to Rs 28.97 crore in the quarter ended March 2021 as against Rs 10.43 crore during the previous quarter ended March 2020. Sales rose 33.47% to Rs 195.92 crore in the quarter ended March 2021 as against Rs 146.79 crore during the previous quarter ended March 2020.

For the full year,net profit rose 30.05% to Rs 67.95 crore in the year ended March 2021 as against Rs 52.25 crore during the previous year ended March 2020. Sales rose 1.65% to Rs 633.37 crore in the year ended March 2021 as against Rs 623.09 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales195.92146.79 33 633.37623.09 2 OPM %24.6114.76 -19.8116.90 - PBDT47.0919.86 137 119.3396.71 23 PBT39.6412.64 214 90.3969.13 31 NP28.9710.43 178 67.9552.25 30

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