Kanani Industries standalone net profit rises 83.33% in the March 2021 quarter

Sales rise 41.31% to Rs 22.27 crore

Net profit of Kanani Industries rose 83.33% to Rs 0.11 crore in the quarter ended March 2021 as against Rs 0.06 crore during the previous quarter ended March 2020. Sales rose 41.31% to Rs 22.27 crore in the quarter ended March 2021 as against Rs 15.76 crore during the previous quarter ended March 2020.

For the full year,net profit declined 22.81% to Rs 0.44 crore in the year ended March 2021 as against Rs 0.57 crore during the previous year ended March 2020. Sales declined 9.89% to Rs 77.17 crore in the year ended March 2021 as against Rs 85.64 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales22.2715.76 41 77.1785.64 -10 OPM %0.22-1.46 -1.091.19 - PBDT0.150.17 -12 0.610.87 -30 PBT0.130.13 0 0.520.73 -29 NP0.110.06 83 0.440.57 -23

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