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Aarvi Encon consolidated net profit declines 25.37% in the March 2021 quarter

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Capital Market

Sales decline 17.00% to Rs 56.99 crore

Net profit of Aarvi Encon declined 25.37% to Rs 3.03 crore in the quarter ended March 2021 as against Rs 4.06 crore during the previous quarter ended March 2020. Sales declined 17.00% to Rs 56.99 crore in the quarter ended March 2021 as against Rs 68.66 crore during the previous quarter ended March 2020.

For the full year,net profit rose 45.68% to Rs 10.46 crore in the year ended March 2021 as against Rs 7.18 crore during the previous year ended March 2020. Sales declined 7.46% to Rs 201.79 crore in the year ended March 2021 as against Rs 218.05 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales56.9968.66 -17 201.79218.05 -7 OPM %4.236.25 -4.734.22 - PBDT2.864.16 -31 11.288.20 38 PBT2.613.84 -32 10.316.95 48 NP3.034.06 -25 10.467.18 46

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First Published: Jun 04 2021 | 7:32 AM IST

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