HCP Plastene Bulkpack consolidated net profit declines 98.96% in the March 2022 quarter

Sales rise 422.64% to Rs 7897.03 crore

Net profit of HCP Plastene Bulkpack declined 98.96% to Rs 17.87 crore in the quarter ended March 2022 as against Rs 1713.54 crore during the previous quarter ended March 2021. Sales rose 422.64% to Rs 7897.03 crore in the quarter ended March 2022 as against Rs 1510.98 crore during the previous quarter ended March 2021.

For the full year,net loss reported to Rs 304.70 crore in the year ended March 2022 as against net profit of Rs 6362.30 crore during the previous year ended March 2021. Sales rose 606.92% to Rs 11219.74 crore in the year ended March 2022 as against Rs 1587.13 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales7897.031510.98 423 11219.741587.13 607 OPM %4.91-1.49 -4.75-23.59 - PBDT297.46-141.25 LP 208.27-476.84 LP PBT122.25-269.00 LP -315.92-989.10 68 NP17.871713.54 -99 -304.706362.30 PL

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