Finolex Industries consolidated net profit rises 409.44% in the March 2021 quarter

Sales rise 62.53% to Rs 1249.34 crore

Net profit of Finolex Industries rose 409.44% to Rs 298.84 crore in the quarter ended March 2021 as against Rs 58.66 crore during the previous quarter ended March 2020. Sales rose 62.53% to Rs 1249.34 crore in the quarter ended March 2021 as against Rs 768.66 crore during the previous quarter ended March 2020.

For the full year,net profit rose 121.79% to Rs 737.79 crore in the year ended March 2021 as against Rs 332.65 crore during the previous year ended March 2020. Sales rose 16.03% to Rs 3462.82 crore in the year ended March 2021 as against Rs 2984.51 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales1249.34768.66 63 3462.822984.51 16 OPM %32.8213.47 -28.5714.99 - PBDT424.77107.61 295 1069.78491.63 118 PBT405.0788.73 357 992.06417.82 137 NP298.8458.66 409 737.79332.65 122

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