Vijay Solvex standalone net profit rises 324.02% in the March 2021 quarter

Sales rise 58.79% to Rs 556.45 crore

Net profit of Vijay Solvex rose 324.02% to Rs 27.01 crore in the quarter ended March 2021 as against Rs 6.37 crore during the previous quarter ended March 2020. Sales rose 58.79% to Rs 556.45 crore in the quarter ended March 2021 as against Rs 350.43 crore during the previous quarter ended March 2020.

For the full year,net profit rose 213.16% to Rs 64.26 crore in the year ended March 2021 as against Rs 20.52 crore during the previous year ended March 2020. Sales rose 42.95% to Rs 2069.66 crore in the year ended March 2021 as against Rs 1447.78 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales556.45350.43 59 2069.661447.78 43 OPM %6.753.91 -3.792.45 - PBDT37.429.55 292 88.7029.36 202 PBT36.798.68 324 86.5227.31 217 NP27.016.37 324 64.2620.52 213

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