Cords Cable Industries standalone net profit declines 59.58% in the March 2021 quarter

Sales rise 3.57% to Rs 100.89 crore

Net profit of Cords Cable Industries declined 59.58% to Rs 1.92 crore in the quarter ended March 2021 as against Rs 4.75 crore during the previous quarter ended March 2020. Sales rose 3.57% to Rs 100.89 crore in the quarter ended March 2021 as against Rs 97.41 crore during the previous quarter ended March 2020.

For the full year,net profit declined 59.14% to Rs 4.36 crore in the year ended March 2021 as against Rs 10.67 crore during the previous year ended March 2020. Sales declined 23.17% to Rs 323.37 crore in the year ended March 2021 as against Rs 420.89 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales100.8997.41 4 323.37420.89 -23 OPM %10.889.13 -10.749.87 - PBDT4.312.63 64 13.2817.46 -24 PBT2.561.03 149 6.2010.85 -43 NP1.924.75 -60 4.3610.67 -59

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