Tube Investments of India standalone net profit rises 75.55% in the March 2021 quarter

Sales rise 56.08% to Rs 1396.35 crore

Net profit of Tube Investments of India rose 75.55% to Rs 129.12 crore in the quarter ended March 2021 as against Rs 73.55 crore during the previous quarter ended March 2020. Sales rose 56.08% to Rs 1396.35 crore in the quarter ended March 2021 as against Rs 894.61 crore during the previous quarter ended March 2020.

For the full year,net profit declined 17.36% to Rs 273.18 crore in the year ended March 2021 as against Rs 330.55 crore during the previous year ended March 2020. Sales declined 0.65% to Rs 4026.23 crore in the year ended March 2021 as against Rs 4052.67 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales1396.35894.61 56 4026.234052.67 -1 OPM %13.4414.83 -12.4913.46 - PBDT211.69151.73 40 530.35581.43 -9 PBT174.95107.84 62 380.71420.72 -10 NP129.1273.55 76 273.18330.55 -17

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