Stovec Industries standalone net profit rises 27.59% in the December 2021 quarter

Sales rise 14.55% to Rs 57.23 crore

Net profit of Stovec Industries rose 27.59% to Rs 5.92 crore in the quarter ended December 2021 as against Rs 4.64 crore during the previous quarter ended December 2020. Sales rose 14.55% to Rs 57.23 crore in the quarter ended December 2021 as against Rs 49.96 crore during the previous quarter ended December 2020.

For the full year,net profit rose 120.21% to Rs 29.64 crore in the year ended December 2021 as against Rs 13.46 crore during the previous year ended December 2020. Sales rose 54.52% to Rs 233.36 crore in the year ended December 2021 as against Rs 151.02 crore during the previous year ended December 2020.

ParticularsQuarter EndedYear EndedDec. 2021Dec. 2020% Var.Dec. 2021Dec. 2020% Var.Sales57.2349.96 15 233.36151.02 55 OPM %11.2212.21 -15.8310.50 - PBDT7.827.31 7 42.5621.69 96 PBT6.526.00 9 37.4617.16 118 NP5.924.64 28 29.6413.46 120

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