Incredible Industries reports standalone net profit of Rs 1.20 crore in the March 2021 quarter

Sales rise 49.24% to Rs 170.77 crore

Net profit of Incredible Industries reported to Rs 1.20 crore in the quarter ended March 2021 as against net loss of Rs 1.81 crore during the previous quarter ended March 2020. Sales rose 49.24% to Rs 170.77 crore in the quarter ended March 2021 as against Rs 114.43 crore during the previous quarter ended March 2020.

For the full year,net profit rose 259.41% to Rs 3.63 crore in the year ended March 2021 as against Rs 1.01 crore during the previous year ended March 2020. Sales declined 1.59% to Rs 493.94 crore in the year ended March 2021 as against Rs 501.93 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales170.77114.43 49 493.94501.93 -2 OPM %2.481.19 -3.062.35 - PBDT3.190.24 1229 11.227.01 60 PBT1.74-2.70 LP 5.501.32 317 NP1.20-1.81 LP 3.631.01 259

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