Axtel Industries standalone net profit declines 4.37% in the March 2021 quarter

Sales rise 60.32% to Rs 37.58 crore

Net profit of Axtel Industries declined 4.37% to Rs 2.19 crore in the quarter ended March 2021 as against Rs 2.29 crore during the previous quarter ended March 2020. Sales rose 60.32% to Rs 37.58 crore in the quarter ended March 2021 as against Rs 23.44 crore during the previous quarter ended March 2020.

For the full year,net profit rose 95.50% to Rs 21.29 crore in the year ended March 2021 as against Rs 10.89 crore during the previous year ended March 2020. Sales rose 53.93% to Rs 153.39 crore in the year ended March 2021 as against Rs 99.65 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales37.5823.44 60 153.3999.65 54 OPM %9.2610.41 -18.9314.39 - PBDT4.063.75 8 31.4517.54 79 PBT3.343.03 10 28.8614.86 94 NP2.192.29 -4 21.2910.89 96

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