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Surat Textile Mills standalone net profit rises 703.16% in the March 2021 quarter

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Capital Market
Last Updated : Jun 03 2021 | 6:17 PM IST

Sales rise 33.31% to Rs 57.51 crore

Net profit of Surat Textile Mills rose 703.16% to Rs 7.63 crore in the quarter ended March 2021 as against Rs 0.95 crore during the previous quarter ended March 2020. Sales rose 33.31% to Rs 57.51 crore in the quarter ended March 2021 as against Rs 43.14 crore during the previous quarter ended March 2020.

For the full year,net profit rose 85.64% to Rs 14.48 crore in the year ended March 2021 as against Rs 7.80 crore during the previous year ended March 2020. Sales declined 27.26% to Rs 131.14 crore in the year ended March 2021 as against Rs 180.28 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales57.5143.14 33 131.14180.28 -27 OPM %13.651.65 -10.094.10 - PBDT8.361.61 419 17.8011.24 58 PBT8.261.34 516 17.4110.78 62 NP7.630.95 703 14.487.80 86

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First Published: Jun 03 2021 | 6:03 PM IST

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