NIBE standalone net profit rises 954.84% in the March 2022 quarter

Sales rise 225.50% to Rs 8.17 crore

Net profit of NIBE rose 954.84% to Rs 3.27 crore in the quarter ended March 2022 as against Rs 0.31 crore during the previous quarter ended March 2021. Sales rose 225.50% to Rs 8.17 crore in the quarter ended March 2022 as against Rs 2.51 crore during the previous quarter ended March 2021.

For the full year,net profit rose 61.54% to Rs 0.21 crore in the year ended March 2022 as against Rs 0.13 crore during the previous year ended March 2021. Sales rose 746.22% to Rs 21.24 crore in the year ended March 2022 as against Rs 2.51 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales8.172.51 225 21.242.51 746 OPM %29.3813.94 --2.315.58 - PBDT3.560.37 862 0.720.19 279 PBT3.440.37 830 0.400.19 111 NP3.270.31 955 0.210.13 62

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