Somany Home Innovation consolidated net profit rises 863.64% in the March 2021 quarter

Sales rise 68.23% to Rs 613.30 crore

Net profit of Somany Home Innovation rose 863.64% to Rs 22.26 crore in the quarter ended March 2021 as against Rs 2.31 crore during the previous quarter ended March 2020. Sales rose 68.23% to Rs 613.30 crore in the quarter ended March 2021 as against Rs 364.56 crore during the previous quarter ended March 2020.

For the full year,net profit rose 137.30% to Rs 54.84 crore in the year ended March 2021 as against Rs 23.11 crore during the previous year ended March 2020. Sales rose 10.05% to Rs 1775.21 crore in the year ended March 2021 as against Rs 1613.13 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales613.30364.56 68 1775.211613.13 10 OPM %10.533.57 -8.065.47 - PBDT64.2816.68 285 131.6979.16 66 PBT55.682.75 1925 92.4233.17 179 NP22.262.31 864 54.8423.11 137

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