Lagnam Spintex standalone net profit rises 14.70% in the March 2022 quarter

Sales rise 39.09% to Rs 101.44 crore

Net profit of Lagnam Spintex rose 14.70% to Rs 7.10 crore in the quarter ended March 2022 as against Rs 6.19 crore during the previous quarter ended March 2021. Sales rose 39.09% to Rs 101.44 crore in the quarter ended March 2022 as against Rs 72.93 crore during the previous quarter ended March 2021.

For the full year,net profit rose 544.30% to Rs 28.80 crore in the year ended March 2022 as against Rs 4.47 crore during the previous year ended March 2021. Sales rose 69.78% to Rs 348.44 crore in the year ended March 2022 as against Rs 205.23 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales101.4472.93 39 348.44205.23 70 OPM %14.6819.57 -16.7712.67 - PBDT12.3311.16 10 48.0714.43 233 PBT10.499.23 14 40.546.88 489 NP7.106.19 15 28.804.47 544

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