Banco Products (India) consolidated net profit rises 5.75% in the March 2021 quarter

Sales rise 34.25% to Rs 438.20 crore

Net profit of Banco Products (India) rose 5.75% to Rs 18.39 crore in the quarter ended March 2021 as against Rs 17.39 crore during the previous quarter ended March 2020. Sales rose 34.25% to Rs 438.20 crore in the quarter ended March 2021 as against Rs 326.40 crore during the previous quarter ended March 2020.

For the full year,net profit rose 48.53% to Rs 113.73 crore in the year ended March 2021 as against Rs 76.57 crore during the previous year ended March 2020. Sales rose 7.95% to Rs 1511.03 crore in the year ended March 2021 as against Rs 1399.71 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales438.20326.40 34 1511.031399.71 8 OPM %6.0710.27 -11.798.73 - PBDT25.6839.18 -34 183.52144.24 27 PBT17.6629.68 -40 149.84111.47 34 NP18.3917.39 6 113.7376.57 49

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