Parmeshwari Silk Mills standalone net profit declines 63.86% in the March 2021 quarter

Sales rise 3.12% to Rs 36.66 crore

Net profit of Parmeshwari Silk Mills declined 63.86% to Rs 0.30 crore in the quarter ended March 2021 as against Rs 0.83 crore during the previous quarter ended March 2020. Sales rose 3.12% to Rs 36.66 crore in the quarter ended March 2021 as against Rs 35.55 crore during the previous quarter ended March 2020.

For the full year,net profit declined 68.22% to Rs 1.70 crore in the year ended March 2021 as against Rs 5.35 crore during the previous year ended March 2020. Sales declined 29.53% to Rs 101.10 crore in the year ended March 2021 as against Rs 143.47 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales36.6635.55 3 101.10143.47 -30 OPM %8.3216.20 -11.5213.24 - PBDT1.723.08 -44 5.3910.70 -50 PBT0.812.23 -64 2.517.70 -67 NP0.300.83 -64 1.705.35 -68

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