Cochin Minerals & Rutile standalone net profit rises 501.59% in the March 2022 quarter

Sales rise 1.25% to Rs 76.22 crore

Net profit of Cochin Minerals & Rutile rose 501.59% to Rs 7.58 crore in the quarter ended March 2022 as against Rs 1.26 crore during the previous quarter ended March 2021. Sales rose 1.25% to Rs 76.22 crore in the quarter ended March 2022 as against Rs 75.28 crore during the previous quarter ended March 2021.

For the full year,net profit declined 23.43% to Rs 6.21 crore in the year ended March 2022 as against Rs 8.11 crore during the previous year ended March 2021. Sales rose 21.16% to Rs 289.76 crore in the year ended March 2022 as against Rs 239.15 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales76.2275.28 1 289.76239.15 21 OPM %11.996.51 -2.878.35 - PBDT9.364.48 109 8.5818.79 -54 PBT9.084.15 119 7.5517.63 -57 NP7.581.26 502 6.218.11 -23

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