Modison Metals consolidated net profit rises 55.47% in the March 2021 quarter

Sales rise 83.92% to Rs 105.31 crore

Net profit of Modison Metals rose 55.47% to Rs 9.67 crore in the quarter ended March 2021 as against Rs 6.22 crore during the previous quarter ended March 2020. Sales rose 83.92% to Rs 105.31 crore in the quarter ended March 2021 as against Rs 57.26 crore during the previous quarter ended March 2020.

For the full year,net profit rose 48.41% to Rs 22.44 crore in the year ended March 2021 as against Rs 15.12 crore during the previous year ended March 2020. Sales rose 33.23% to Rs 292.11 crore in the year ended March 2021 as against Rs 219.26 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales105.3157.26 84 292.11219.26 33 OPM %10.6014.67 -13.6912.28 - PBDT10.518.98 17 39.4827.86 42 PBT8.917.37 21 33.4021.68 54 NP9.676.22 55 22.4415.12 48

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