Texmo Pipes & Products consolidated net profit rises 388.66% in the March 2021 quarter

Sales rise 83.46% to Rs 130.44 crore

Net profit of Texmo Pipes & Products rose 388.66% to Rs 4.74 crore in the quarter ended March 2021 as against Rs 0.97 crore during the previous quarter ended March 2020. Sales rose 83.46% to Rs 130.44 crore in the quarter ended March 2021 as against Rs 71.10 crore during the previous quarter ended March 2020.

For the full year,net profit rose 174.87% to Rs 10.83 crore in the year ended March 2021 as against Rs 3.94 crore during the previous year ended March 2020. Sales rose 28.57% to Rs 421.66 crore in the year ended March 2021 as against Rs 327.95 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales130.4471.10 83 421.66327.95 29 OPM %7.607.74 -6.856.84 - PBDT7.663.45 122 20.2712.91 57 PBT6.071.85 228 14.016.72 108 NP4.740.97 389 10.833.94 175

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