Sharad Fibres & Yarn Processors reports standalone net profit of Rs 15.66 crore in the March 2021 quarter

Sales decline 57.75% to Rs 0.30 crore

Net profit of Sharad Fibres & Yarn Processors reported to Rs 15.66 crore in the quarter ended March 2021 as against net loss of Rs 0.31 crore during the previous quarter ended March 2020. Sales declined 57.75% to Rs 0.30 crore in the quarter ended March 2021 as against Rs 0.71 crore during the previous quarter ended March 2020.

For the full year,net profit reported to Rs 14.98 crore in the year ended March 2021 as against net loss of Rs 0.96 crore during the previous year ended March 2020. Sales declined 50.74% to Rs 1.00 crore in the year ended March 2021 as against Rs 2.03 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales0.300.71 -58 1.002.03 -51 OPM %-996.67-25.35 --371.00-35.96 - PBDT15.80-0.18 LP 15.12-0.83 LP PBT15.66-0.31 LP 14.98-0.96 LP NP15.66-0.31 LP 14.98-0.96 LP

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