Suncity Synthetics standalone net profit declines 65.55% in the March 2022 quarter

Sales decline 2.60% to Rs 1.87 crore

Net profit of Suncity Synthetics declined 65.55% to Rs 0.41 crore in the quarter ended March 2022 as against Rs 1.19 crore during the previous quarter ended March 2021. Sales declined 2.60% to Rs 1.87 crore in the quarter ended March 2022 as against Rs 1.92 crore during the previous quarter ended March 2021.

For the full year,net profit reported to Rs 0.17 crore in the year ended March 2022 as against net loss of Rs 3.88 crore during the previous year ended March 2021. Sales rose 63.03% to Rs 7.63 crore in the year ended March 2022 as against Rs 4.68 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales1.871.92 -3 7.634.68 63 OPM %3.7410.42 -11.80-64.74 - PBDT-0.060.07 PL 0.37-3.83 LP PBT-0.24-0.31 23 -0.37-5.38 93 NP0.411.19 -66 0.17-3.88 LP

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