Kothari Products consolidated net profit declines 86.12% in the March 2022 quarter

Sales decline 41.32% to Rs 562.21 crore

Net profit of Kothari Products declined 86.12% to Rs 10.02 crore in the quarter ended March 2022 as against Rs 72.18 crore during the previous quarter ended March 2021. Sales declined 41.32% to Rs 562.21 crore in the quarter ended March 2022 as against Rs 958.09 crore during the previous quarter ended March 2021.

For the full year,net profit reported to Rs 14.68 crore in the year ended March 2022 as against net loss of Rs 56.31 crore during the previous year ended March 2021. Sales rose 8.98% to Rs 3396.85 crore in the year ended March 2022 as against Rs 3117.05 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales562.21958.09 -41 3396.853117.05 9 OPM %-0.32-2.78 -0.22-2.67 - PBDT12.0072.76 -84 22.04-51.00 LP PBT11.1772.01 -84 19.28-54.00 LP NP10.0272.18 -86 14.68-56.31 LP

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