Paul Merchants consolidated net profit rises 29.10% in the March 2021 quarter

Sales decline 21.99% to Rs 1048.70 crore

Net profit of Paul Merchants rose 29.10% to Rs 9.45 crore in the quarter ended March 2021 as against Rs 7.32 crore during the previous quarter ended March 2020. Sales declined 21.99% to Rs 1048.70 crore in the quarter ended March 2021 as against Rs 1344.26 crore during the previous quarter ended March 2020.

For the full year,net profit rose 26.85% to Rs 33.45 crore in the year ended March 2021 as against Rs 26.37 crore during the previous year ended March 2020. Sales declined 43.81% to Rs 3035.08 crore in the year ended March 2021 as against Rs 5401.12 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales1048.701344.26 -22 3035.085401.12 -44 OPM %1.470.79 -1.460.71 - PBDT14.0010.37 35 47.2140.58 16 PBT13.209.53 39 44.2237.35 18 NP9.457.32 29 33.4526.37 27

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