Gokul Refoils and Solvent consolidated net profit declines 16.46% in the March 2021 quarter

Sales rise 35.38% to Rs 652.68 crore

Net profit of Gokul Refoils and Solvent declined 16.46% to Rs 6.90 crore in the quarter ended March 2021 as against Rs 8.26 crore during the previous quarter ended March 2020. Sales rose 35.38% to Rs 652.68 crore in the quarter ended March 2021 as against Rs 482.12 crore during the previous quarter ended March 2020.

For the full year,net profit rose 3.44% to Rs 20.46 crore in the year ended March 2021 as against Rs 19.78 crore during the previous year ended March 2020. Sales rose 14.04% to Rs 2464.67 crore in the year ended March 2021 as against Rs 2161.22 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales652.68482.12 35 2464.672161.22 14 OPM %2.043.12 -1.621.75 - PBDT10.4311.81 -12 32.2532.14 0 PBT9.0710.37 -13 26.9026.57 1 NP6.908.26 -16 20.4619.78 3

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