Polyspin Exports consolidated net profit rises 592.31% in the March 2021 quarter

Sales rise 92.13% to Rs 71.51 crore

Net profit of Polyspin Exports rose 592.31% to Rs 1.80 crore in the quarter ended March 2021 as against Rs 0.26 crore during the previous quarter ended March 2020. Sales rose 92.13% to Rs 71.51 crore in the quarter ended March 2021 as against Rs 37.22 crore during the previous quarter ended March 2020.

For the full year,net profit rose 63.36% to Rs 8.74 crore in the year ended March 2021 as against Rs 5.35 crore during the previous year ended March 2020. Sales rose 41.18% to Rs 234.62 crore in the year ended March 2021 as against Rs 166.19 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales71.5137.22 92 234.62166.19 41 OPM %5.942.36 -6.565.68 - PBDT4.471.42 215 14.4910.90 33 PBT3.580.56 539 10.837.38 47 NP1.800.26 592 8.745.35 63

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