IFB Agro Industries consolidated net profit declines 13.08% in the March 2022 quarter

Sales rise 17.89% to Rs 227.93 crore

Net profit of IFB Agro Industries declined 13.08% to Rs 12.56 crore in the quarter ended March 2022 as against Rs 14.45 crore during the previous quarter ended March 2021. Sales rose 17.89% to Rs 227.93 crore in the quarter ended March 2022 as against Rs 193.34 crore during the previous quarter ended March 2021.

For the full year,net profit rose 26.22% to Rs 58.54 crore in the year ended March 2022 as against Rs 46.38 crore during the previous year ended March 2021. Sales rose 44.18% to Rs 1011.45 crore in the year ended March 2022 as against Rs 701.53 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales227.93193.34 18 1011.45701.53 44 OPM %7.848.82 -7.437.89 - PBDT22.2820.49 9 90.2172.03 25 PBT16.7716.75 0 73.2357.19 28 NP12.5614.45 -13 58.5446.38 26

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