Paramount Communications consolidated net profit declines 48.50% in the March 2021 quarter

Sales rise 22.89% to Rs 164.37 crore

Net profit of Paramount Communications declined 48.50% to Rs 2.58 crore in the quarter ended March 2021 as against Rs 5.01 crore during the previous quarter ended March 2020. Sales rose 22.89% to Rs 164.37 crore in the quarter ended March 2021 as against Rs 133.75 crore during the previous quarter ended March 2020.

For the full year,net profit declined 88.24% to Rs 3.10 crore in the year ended March 2021 as against Rs 26.35 crore during the previous year ended March 2020. Sales declined 14.37% to Rs 519.08 crore in the year ended March 2021 as against Rs 606.20 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales164.37133.75 23 519.08606.20 -14 OPM %3.476.96 -3.187.46 - PBDT4.917.50 -35 12.1737.39 -67 PBT2.585.01 -49 3.1026.35 -88 NP2.585.01 -49 3.1026.35 -88

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