Ashapura Minechem consolidated net profit declines 90.81% in the March 2021 quarter

Sales rise 210.28% to Rs 319.65 crore

Net profit of Ashapura Minechem declined 90.81% to Rs 33.79 crore in the quarter ended March 2021 as against Rs 367.87 crore during the previous quarter ended March 2020. Sales rose 210.28% to Rs 319.65 crore in the quarter ended March 2021 as against Rs 103.02 crore during the previous quarter ended March 2020.

For the full year,net profit declined 77.44% to Rs 87.48 crore in the year ended March 2021 as against Rs 387.68 crore during the previous year ended March 2020. Sales rose 243.42% to Rs 1148.11 crore in the year ended March 2021 as against Rs 334.32 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales319.65103.02 210 1148.11334.32 243 OPM %14.84-14.96 -10.02-17.15 - PBDT69.55-20.22 LP 123.15-72.34 LP PBT51.44-27.87 LP 78.19-100.73 LP NP33.79367.87 -91 87.48387.68 -77

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