Veljan Denison standalone net profit declines 12.83% in the March 2021 quarter

Sales rise 23.03% to Rs 25.32 crore

Net profit of Veljan Denison declined 12.83% to Rs 3.67 crore in the quarter ended March 2021 as against Rs 4.21 crore during the previous quarter ended March 2020. Sales rose 23.03% to Rs 25.32 crore in the quarter ended March 2021 as against Rs 20.58 crore during the previous quarter ended March 2020.

For the full year,net profit declined 48.96% to Rs 6.86 crore in the year ended March 2021 as against Rs 13.44 crore during the previous year ended March 2020. Sales declined 11.14% to Rs 73.57 crore in the year ended March 2021 as against Rs 82.79 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales25.3220.58 23 73.5782.79 -11 OPM %24.8428.47 -18.3026.07 - PBDT6.966.25 11 14.8522.04 -33 PBT5.775.20 11 10.2418.12 -43 NP3.674.21 -13 6.8613.44 -49

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