V I P Industries reports consolidated net loss of Rs 3.78 crore in the March 2021 quarter

Sales decline 21.78% to Rs 243.00 crore

Net loss of V I P Industries reported to Rs 3.78 crore in the quarter ended March 2021 as against net profit of Rs 9.52 crore during the previous quarter ended March 2020. Sales declined 21.78% to Rs 243.00 crore in the quarter ended March 2021 as against Rs 310.66 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 97.49 crore in the year ended March 2021 as against net profit of Rs 111.73 crore during the previous year ended March 2020. Sales declined 63.92% to Rs 618.56 crore in the year ended March 2021 as against Rs 1714.35 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales243.00310.66 -22 618.561714.35 -64 OPM %1.3210.61 --10.5517.16 - PBDT12.2433.35 -63 -46.67283.72 PL PBT-5.7210.45 PL -124.61196.91 PL NP-3.789.52 PL -97.49111.73 PL

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