Texel Industries standalone net profit declines 81.69% in the March 2021 quarter

Sales rise 41.37% to Rs 27.75 crore

Net profit of Texel Industries declined 81.69% to Rs 0.13 crore in the quarter ended March 2021 as against Rs 0.71 crore during the previous quarter ended March 2020. Sales rose 41.37% to Rs 27.75 crore in the quarter ended March 2021 as against Rs 19.63 crore during the previous quarter ended March 2020.

For the full year,net profit declined 29.39% to Rs 2.21 crore in the year ended March 2021 as against Rs 3.13 crore during the previous year ended March 2020. Sales declined 13.49% to Rs 82.62 crore in the year ended March 2021 as against Rs 95.50 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales27.7519.63 41 82.6295.50 -13 OPM %3.214.53 -5.956.23 - PBDT0.450.75 -40 3.854.73 -19 PBT0.250.77 -68 3.044.13 -26 NP0.130.71 -82 2.213.13 -29

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