Madhya Bharat Agro Products standalone net profit declines 17.28% in the March 2021 quarter

Sales rise 70.62% to Rs 49.60 crore

Net profit of Madhya Bharat Agro Products declined 17.28% to Rs 2.49 crore in the quarter ended March 2021 as against Rs 3.01 crore during the previous quarter ended March 2020. Sales rose 70.62% to Rs 49.60 crore in the quarter ended March 2021 as against Rs 29.07 crore during the previous quarter ended March 2020.

For the full year,net profit rose 36.39% to Rs 20.24 crore in the year ended March 2021 as against Rs 14.84 crore during the previous year ended March 2020. Sales rose 41.92% to Rs 185.71 crore in the year ended March 2021 as against Rs 130.86 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales49.6029.07 71 185.71130.86 42 OPM %13.5330.00 -22.4026.53 - PBDT5.877.80 -25 37.9431.88 19 PBT3.464.60 -25 28.5721.47 33 NP2.493.01 -17 20.2414.84 36

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