IFB Agro Industries reports standalone net profit of Rs 14.41 crore in the March 2021 quarter

Sales decline 2.46% to Rs 190.64 crore

Net profit of IFB Agro Industries reported to Rs 14.41 crore in the quarter ended March 2021 as against net loss of Rs 0.55 crore during the previous quarter ended March 2020. Sales declined 2.46% to Rs 190.64 crore in the quarter ended March 2021 as against Rs 195.45 crore during the previous quarter ended March 2020.

For the full year,net profit rose 100.34% to Rs 47.00 crore in the year ended March 2021 as against Rs 23.46 crore during the previous year ended March 2020. Sales declined 27.94% to Rs 693.72 crore in the year ended March 2021 as against Rs 962.76 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales190.64195.45 -2 693.72962.76 -28 OPM %8.99-2.07 -8.132.73 - PBDT20.45-1.67 LP 72.6335.74 103 PBT16.71-6.16 LP 57.8118.04 220 NP14.41-0.55 LP 47.0023.46 100

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