Time Technoplast consolidated net profit rises 36.29% in the March 2021 quarter

Sales rise 3.83% to Rs 951.19 crore

Net profit of Time Technoplast rose 36.29% to Rs 52.20 crore in the quarter ended March 2021 as against Rs 38.30 crore during the previous quarter ended March 2020. Sales rose 3.83% to Rs 951.19 crore in the quarter ended March 2021 as against Rs 916.14 crore during the previous quarter ended March 2020.

For the full year,net profit declined 38.84% to Rs 103.43 crore in the year ended March 2021 as against Rs 169.12 crore during the previous year ended March 2020. Sales declined 16.02% to Rs 3004.92 crore in the year ended March 2021 as against Rs 3578.03 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales951.19916.14 4 3004.923578.03 -16 OPM %13.5712.88 -12.8813.94 - PBDT107.5693.05 16 293.22392.96 -25 PBT69.2656.09 23 142.22236.75 -40 NP52.2038.30 36 103.43169.12 -39

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