Pioneer Embroideries standalone net profit rises 574.53% in the March 2021 quarter

Sales rise 55.62% to Rs 79.15 crore

Net profit of Pioneer Embroideries rose 574.53% to Rs 10.86 crore in the quarter ended March 2021 as against Rs 1.61 crore during the previous quarter ended March 2020. Sales rose 55.62% to Rs 79.15 crore in the quarter ended March 2021 as against Rs 50.86 crore during the previous quarter ended March 2020.

For the full year,net profit rose 137.56% to Rs 19.67 crore in the year ended March 2021 as against Rs 8.28 crore during the previous year ended March 2020. Sales declined 5.22% to Rs 224.78 crore in the year ended March 2021 as against Rs 237.17 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales79.1550.86 56 224.78237.17 -5 OPM %12.508.67 -12.278.05 - PBDT10.093.58 182 24.9714.80 69 PBT8.031.61 399 16.816.09 176 NP10.861.61 575 19.678.28 138

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