Arvind SmartSpaces consolidated net profit declines 55.40% in the March 2021 quarter

Sales decline 52.34% to Rs 64.49 crore

Net profit of Arvind SmartSpaces declined 55.40% to Rs 6.57 crore in the quarter ended March 2021 as against Rs 14.73 crore during the previous quarter ended March 2020. Sales declined 52.34% to Rs 64.49 crore in the quarter ended March 2021 as against Rs 135.31 crore during the previous quarter ended March 2020.

For the full year,net profit declined 77.74% to Rs 8.75 crore in the year ended March 2021 as against Rs 39.31 crore during the previous year ended March 2020. Sales declined 50.16% to Rs 149.26 crore in the year ended March 2021 as against Rs 299.49 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales64.49135.31 -52 149.26299.49 -50 OPM %23.1820.66 -27.2129.59 - PBDT9.6822.26 -57 15.6366.50 -76 PBT9.4322.01 -57 14.5065.39 -78 NP6.5714.73 -55 8.7539.31 -78

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