L G Balakrishnan & Bros consolidated net profit rises 346.76% in the March 2021 quarter

Sales rise 40.07% to Rs 499.08 crore

Net profit of L G Balakrishnan & Bros rose 346.76% to Rs 57.99 crore in the quarter ended March 2021 as against Rs 12.98 crore during the previous quarter ended March 2020. Sales rose 40.07% to Rs 499.08 crore in the quarter ended March 2021 as against Rs 356.31 crore during the previous quarter ended March 2020.

For the full year,net profit rose 45.65% to Rs 133.46 crore in the year ended March 2021 as against Rs 91.63 crore during the previous year ended March 2020. Sales rose 4.29% to Rs 1608.99 crore in the year ended March 2021 as against Rs 1542.83 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales499.08356.31 40 1608.991542.83 4 OPM %17.779.57 -15.7212.07 - PBDT89.9132.87 174 249.81174.66 43 PBT69.1612.07 473 166.5096.01 73 NP57.9912.98 347 133.4691.63 46

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