Poddar Pigments standalone net profit rises 73.11% in the March 2021 quarter

Sales rise 5.23% to Rs 80.92 crore

Net profit of Poddar Pigments rose 73.11% to Rs 10.30 crore in the quarter ended March 2021 as against Rs 5.95 crore during the previous quarter ended March 2020. Sales rose 5.23% to Rs 80.92 crore in the quarter ended March 2021 as against Rs 76.90 crore during the previous quarter ended March 2020.

For the full year,net profit rose 11.34% to Rs 23.66 crore in the year ended March 2021 as against Rs 21.25 crore during the previous year ended March 2020. Sales declined 26.91% to Rs 260.70 crore in the year ended March 2021 as against Rs 356.67 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales80.9276.90 5 260.70356.67 -27 OPM %15.899.01 -11.397.75 - PBDT12.878.54 51 33.0631.75 4 PBT12.357.80 58 30.9528.82 7 NP10.305.95 73 23.6621.25 11

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