Pennar Industries consolidated net profit rises 3428.42% in the March 2021 quarter

Sales rise 23.35% to Rs 556.79 crore

Net profit of Pennar Industries rose 3428.42% to Rs 33.52 crore in the quarter ended March 2021 as against Rs 0.95 crore during the previous quarter ended March 2020. Sales rose 23.35% to Rs 556.79 crore in the quarter ended March 2021 as against Rs 451.39 crore during the previous quarter ended March 2020.

For the full year,net profit declined 95.21% to Rs 2.54 crore in the year ended March 2021 as against Rs 53.05 crore during the previous year ended March 2020. Sales declined 27.59% to Rs 1525.35 crore in the year ended March 2021 as against Rs 2106.55 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales556.79451.39 23 1525.352106.55 -28 OPM %8.195.84 -6.098.03 - PBDT36.5012.67 188 31.86105.94 -70 PBT24.711.14 2068 -16.3163.12 PL NP33.520.95 3428 2.5453.05 -95

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