Narbada Gems & Jewellery standalone net profit declines 17.31% in the March 2021 quarter

Sales rise 41.17% to Rs 16.22 crore

Net profit of Narbada Gems & Jewellery declined 17.31% to Rs 0.43 crore in the quarter ended March 2021 as against Rs 0.52 crore during the previous quarter ended March 2020. Sales rose 41.17% to Rs 16.22 crore in the quarter ended March 2021 as against Rs 11.49 crore during the previous quarter ended March 2020.

For the full year,net profit declined 16.46% to Rs 2.03 crore in the year ended March 2021 as against Rs 2.43 crore during the previous year ended March 2020. Sales declined 31.45% to Rs 38.00 crore in the year ended March 2021 as against Rs 55.43 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales16.2211.49 41 38.0055.43 -31 OPM %4.936.88 -8.687.38 - PBDT0.720.66 9 2.913.42 -15 PBT0.680.62 10 2.763.27 -16 NP0.430.52 -17 2.032.43 -16

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