Modern Insulators consolidated net profit rises 92.12% in the March 2021 quarter

Sales rise 10.28% to Rs 127.45 crore

Net profit of Modern Insulators rose 92.12% to Rs 14.14 crore in the quarter ended March 2021 as against Rs 7.36 crore during the previous quarter ended March 2020. Sales rose 10.28% to Rs 127.45 crore in the quarter ended March 2021 as against Rs 115.57 crore during the previous quarter ended March 2020.

For the full year,net profit rose 52.03% to Rs 34.13 crore in the year ended March 2021 as against Rs 22.45 crore during the previous year ended March 2020. Sales declined 9.38% to Rs 398.47 crore in the year ended March 2021 as against Rs 439.72 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales127.45115.57 10 398.47439.72 -9 OPM %7.705.42 -9.718.16 - PBDT17.706.51 172 45.1429.04 55 PBT15.053.80 296 34.5018.70 84 NP14.147.36 92 34.1322.45 52

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