Artefact Projects standalone net profit declines 45.28% in the March 2021 quarter

Sales decline 8.41% to Rs 8.17 crore

Net profit of Artefact Projects declined 45.28% to Rs 0.29 crore in the quarter ended March 2021 as against Rs 0.53 crore during the previous quarter ended March 2020. Sales declined 8.41% to Rs 8.17 crore in the quarter ended March 2021 as against Rs 8.92 crore during the previous quarter ended March 2020.

For the full year,net profit rose 9.19% to Rs 3.92 crore in the year ended March 2021 as against Rs 3.59 crore during the previous year ended March 2020. Sales rose 0.60% to Rs 32.09 crore in the year ended March 2021 as against Rs 31.90 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales8.178.92 -8 32.0931.90 1 OPM %-5.7519.39 -14.5818.21 - PBDT-0.121.44 PL 4.934.73 4 PBT-0.271.21 PL 4.103.71 11 NP0.290.53 -45 3.923.59 9

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