Shervani Industrial Syndicate consolidated net profit rises 739.53% in the March 2021 quarter

Sales decline 5.49% to Rs 9.13 crore

Net profit of Shervani Industrial Syndicate rose 739.53% to Rs 3.61 crore in the quarter ended March 2021 as against Rs 0.43 crore during the previous quarter ended March 2020. Sales declined 5.49% to Rs 9.13 crore in the quarter ended March 2021 as against Rs 9.66 crore during the previous quarter ended March 2020.

For the full year,net profit declined 66.58% to Rs 6.66 crore in the year ended March 2021 as against Rs 19.93 crore during the previous year ended March 2020. Sales declined 65.46% to Rs 31.89 crore in the year ended March 2021 as against Rs 92.33 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales9.139.66 -5 31.8992.33 -65 OPM %18.518.18 -13.7726.97 - PBDT2.341.09 115 5.8625.91 -77 PBT2.070.92 125 5.1225.20 -80 NP3.610.43 740 6.6619.93 -67

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