Tips Industries standalone net profit rises 4975.00% in the March 2021 quarter

Sales rise 49.32% to Rs 27.64 crore

Net profit of Tips Industries rose 4975.00% to Rs 18.27 crore in the quarter ended March 2021 as against Rs 0.36 crore during the previous quarter ended March 2020. Sales rose 49.32% to Rs 27.64 crore in the quarter ended March 2021 as against Rs 18.51 crore during the previous quarter ended March 2020.

For the full year,net profit rose 283.33% to Rs 43.47 crore in the year ended March 2021 as against Rs 11.34 crore during the previous year ended March 2020. Sales declined 0.51% to Rs 90.53 crore in the year ended March 2021 as against Rs 90.99 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales27.6418.51 49 90.5390.99 -1 OPM %68.994.75 -60.9429.29 - PBDT21.931.74 1160 60.0444.20 36 PBT21.730.79 2651 59.2314.36 312 NP18.270.36 4975 43.4711.34 283

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