Salona Cotspin reports standalone net profit of Rs 2.11 crore in the March 2021 quarter

Sales rise 119.23% to Rs 81.27 crore

Net profit of Salona Cotspin reported to Rs 2.11 crore in the quarter ended March 2021 as against net loss of Rs 0.04 crore during the previous quarter ended March 2020. Sales rose 119.23% to Rs 81.27 crore in the quarter ended March 2021 as against Rs 37.07 crore during the previous quarter ended March 2020.

For the full year,net profit rose 429.91% to Rs 6.20 crore in the year ended March 2021 as against Rs 1.17 crore during the previous year ended March 2020. Sales rose 88.86% to Rs 230.13 crore in the year ended March 2021 as against Rs 121.85 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales81.2737.07 119 230.13121.85 89 OPM %6.484.21 -6.427.01 - PBDT3.430.70 390 10.424.54 130 PBT2.840.37 668 7.761.89 311 NP2.11-0.04 LP 6.201.17 430

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