Pioneer Embroideries consolidated net profit rises 552.47% in the March 2021 quarter

Sales rise 54.05% to Rs 79.15 crore

Net profit of Pioneer Embroideries rose 552.47% to Rs 10.57 crore in the quarter ended March 2021 as against Rs 1.62 crore during the previous quarter ended March 2020. Sales rose 54.05% to Rs 79.15 crore in the quarter ended March 2021 as against Rs 51.38 crore during the previous quarter ended March 2020.

For the full year,net profit rose 134.59% to Rs 19.26 crore in the year ended March 2021 as against Rs 8.21 crore during the previous year ended March 2020. Sales declined 5.50% to Rs 224.78 crore in the year ended March 2021 as against Rs 237.86 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales79.1551.38 54 224.78237.86 -6 OPM %11.388.27 -11.867.90 - PBDT9.393.49 169 24.0714.58 65 PBT7.331.52 382 15.915.86 172 NP10.571.62 552 19.268.21 135

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