Indo Borax & Chemicals consolidated net profit rises 142.03% in the March 2021 quarter

Sales rise 75.71% to Rs 47.53 crore

Net profit of Indo Borax & Chemicals rose 142.03% to Rs 12.61 crore in the quarter ended March 2021 as against Rs 5.21 crore during the previous quarter ended March 2020. Sales rose 75.71% to Rs 47.53 crore in the quarter ended March 2021 as against Rs 27.05 crore during the previous quarter ended March 2020.

For the full year,net profit rose 102.12% to Rs 34.26 crore in the year ended March 2021 as against Rs 16.95 crore during the previous year ended March 2020. Sales rose 25.08% to Rs 144.15 crore in the year ended March 2021 as against Rs 115.25 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales47.5327.05 76 144.15115.25 25 OPM %35.0918.89 -30.5316.17 - PBDT17.186.92 148 47.6223.73 101 PBT16.916.60 156 46.5422.34 108 NP12.615.21 142 34.2616.95 102

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