IP Rings reports standalone net profit of Rs 4.09 crore in the March 2021 quarter

Sales rise 68.44% to Rs 76.00 crore

Net profit of IP Rings reported to Rs 4.09 crore in the quarter ended March 2021 as against net loss of Rs 1.09 crore during the previous quarter ended March 2020. Sales rose 68.44% to Rs 76.00 crore in the quarter ended March 2021 as against Rs 45.12 crore during the previous quarter ended March 2020.

For the full year,net profit rose 351.82% to Rs 4.97 crore in the year ended March 2021 as against Rs 1.10 crore during the previous year ended March 2020. Sales rose 0.27% to Rs 198.46 crore in the year ended March 2021 as against Rs 197.93 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales76.0045.12 68 198.46197.93 0 OPM %13.6411.59 -12.3610.89 - PBDT8.671.61 439 18.0912.78 42 PBT5.48-1.14 LP 6.551.73 279 NP4.09-1.09 LP 4.971.10 352

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