Meghmani Organochem consolidated net profit declines 40.17% in the March 2021 quarter

Sales rise 13.25% to Rs 463.10 crore

Net profit of Meghmani Organochem declined 40.17% to Rs 36.03 crore in the quarter ended March 2021 as against Rs 60.22 crore during the previous quarter ended March 2020. Sales rose 13.25% to Rs 463.10 crore in the quarter ended March 2021 as against Rs 408.93 crore during the previous quarter ended March 2020.

For the full year,net profit rose 24.68% to Rs 186.48 crore in the year ended March 2021 as against Rs 149.57 crore during the previous year ended March 2020. Sales rose 133.96% to Rs 1636.66 crore in the year ended March 2021 as against Rs 699.55 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales463.10408.93 13 1636.66699.55 134 OPM %7.5113.09 -17.2614.88 - PBDT62.0986.97 -29 295.98216.60 37 PBT48.3374.94 -36 245.30194.19 26 NP36.0360.22 -40 186.48149.57 25

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