IFB Agro Industries reports consolidated net profit of Rs 14.45 crore in the March 2021 quarter

Sales decline 2.47% to Rs 193.34 crore

Net profit of IFB Agro Industries reported to Rs 14.45 crore in the quarter ended March 2021 as against net loss of Rs 1.11 crore during the previous quarter ended March 2020. Sales declined 2.47% to Rs 193.34 crore in the quarter ended March 2021 as against Rs 198.23 crore during the previous quarter ended March 2020.

For the full year,net profit rose 109.01% to Rs 46.38 crore in the year ended March 2021 as against Rs 22.19 crore during the previous year ended March 2020. Sales declined 28.84% to Rs 701.53 crore in the year ended March 2021 as against Rs 985.80 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales193.34198.23 -2 701.53985.80 -29 OPM %8.82-2.37 -7.892.52 - PBDT20.49-2.22 LP 72.0334.49 109 PBT16.75-6.72 LP 57.1916.77 241 NP14.45-1.11 LP 46.3822.19 109

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