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Agarwal Industrial Corporation consolidated net profit rises 128.20% in the March 2021 quarter

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Capital Market

Sales rise 46.05% to Rs 453.33 crore

Net profit of Agarwal Industrial Corporation rose 128.20% to Rs 23.71 crore in the quarter ended March 2021 as against Rs 10.39 crore during the previous quarter ended March 2020. Sales rose 46.05% to Rs 453.33 crore in the quarter ended March 2021 as against Rs 310.40 crore during the previous quarter ended March 2020.

For the full year,net profit rose 58.63% to Rs 40.53 crore in the year ended March 2021 as against Rs 25.55 crore during the previous year ended March 2020. Sales rose 14.85% to Rs 903.90 crore in the year ended March 2021 as against Rs 787.03 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales453.33310.40 46 903.90787.03 15 OPM %7.765.34 -7.965.95 - PBDT32.6715.29 114 63.1440.05 58 PBT28.4013.27 114 48.6931.09 57 NP23.7110.39 128 40.5325.55 59

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First Published: Jun 15 2021 | 6:15 PM IST

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