Neeraj Paper Marketing standalone net profit declines 74.29% in the March 2021 quarter

Sales rise 11.21% to Rs 35.72 crore

Net profit of Neeraj Paper Marketing declined 74.29% to Rs 0.09 crore in the quarter ended March 2021 as against Rs 0.35 crore during the previous quarter ended March 2020. Sales rose 11.21% to Rs 35.72 crore in the quarter ended March 2021 as against Rs 32.12 crore during the previous quarter ended March 2020.

For the full year,net profit declined 46.05% to Rs 0.41 crore in the year ended March 2021 as against Rs 0.76 crore during the previous year ended March 2020. Sales declined 24.39% to Rs 109.08 crore in the year ended March 2021 as against Rs 144.27 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales35.7232.12 11 109.08144.27 -24 OPM %2.042.62 -2.552.27 - PBDT0.210.24 -13 0.971.08 -10 PBT0.120.07 71 0.550.63 -13 NP0.090.35 -74 0.410.76 -46

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