Deepak Spinners standalone net profit rises 38.78% in the March 2021 quarter

Sales rise 32.40% to Rs 111.32 crore

Net profit of Deepak Spinners rose 38.78% to Rs 9.34 crore in the quarter ended March 2021 as against Rs 6.73 crore during the previous quarter ended March 2020. Sales rose 32.40% to Rs 111.32 crore in the quarter ended March 2021 as against Rs 84.08 crore during the previous quarter ended March 2020.

For the full year,net profit rose 5.44% to Rs 15.69 crore in the year ended March 2021 as against Rs 14.88 crore during the previous year ended March 2020. Sales declined 13.92% to Rs 396.57 crore in the year ended March 2021 as against Rs 460.68 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales111.3284.08 32 396.57460.68 -14 OPM %15.566.08 -10.527.51 - PBDT16.823.88 334 37.3028.50 31 PBT12.85-0.14 LP 21.2512.41 71 NP9.346.73 39 15.6914.88 5

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