Sumeet Industries reports consolidated net profit of Rs 12.19 crore in the March 2021 quarter

Sales rise 52.32% to Rs 231.59 crore

Net profit of Sumeet Industries reported to Rs 12.19 crore in the quarter ended March 2021 as against net loss of Rs 113.95 crore during the previous quarter ended March 2020. Sales rose 52.32% to Rs 231.59 crore in the quarter ended March 2021 as against Rs 152.04 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 7.12 crore in the year ended March 2021 as against net loss of Rs 139.47 crore during the previous year ended March 2020. Sales declined 18.82% to Rs 573.87 crore in the year ended March 2021 as against Rs 706.94 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales231.59152.04 52 573.87706.94 -19 OPM %7.53-62.43 -4.18-9.65 - PBDT16.66-101.43 LP 23.70-105.80 LP PBT7.21-120.51 LP -12.10-146.03 92 NP12.19-113.95 LP -7.12-139.47 95

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