Srikalahasthi Pipes standalone net profit declines 21.58% in the March 2021 quarter

Sales rise 19.08% to Rs 474.51 crore

Net profit of Srikalahasthi Pipes declined 21.58% to Rs 39.78 crore in the quarter ended March 2021 as against Rs 50.73 crore during the previous quarter ended March 2020. Sales rose 19.08% to Rs 474.51 crore in the quarter ended March 2021 as against Rs 398.47 crore during the previous quarter ended March 2020.

For the full year,net profit declined 44.77% to Rs 103.65 crore in the year ended March 2021 as against Rs 187.68 crore during the previous year ended March 2020. Sales declined 9.64% to Rs 1502.59 crore in the year ended March 2021 as against Rs 1662.90 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales474.51398.47 19 1502.591662.90 -10 OPM %13.6616.83 -12.0415.65 - PBDT66.4774.49 -11 191.66277.70 -31 PBT54.7063.99 -15 145.42236.53 -39 NP39.7850.73 -22 103.65187.68 -45

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