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Agarwal Industrial Corporation standalone net profit rises 87.15% in the March 2021 quarter

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Capital Market

Sales rise 44.93% to Rs 426.54 crore

Net profit of Agarwal Industrial Corporation rose 87.15% to Rs 11.51 crore in the quarter ended March 2021 as against Rs 6.15 crore during the previous quarter ended March 2020. Sales rose 44.93% to Rs 426.54 crore in the quarter ended March 2021 as against Rs 294.31 crore during the previous quarter ended March 2020.

For the full year,net profit rose 46.00% to Rs 21.55 crore in the year ended March 2021 as against Rs 14.76 crore during the previous year ended March 2020. Sales rose 10.87% to Rs 833.29 crore in the year ended March 2021 as against Rs 751.60 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales426.54294.31 45 833.29751.60 11 OPM %4.783.78 -5.544.41 - PBDT19.5610.60 85 41.4428.16 47 PBT16.178.99 80 29.6420.23 47 NP11.516.15 87 21.5514.76 46

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First Published: Jun 15 2021 | 5:31 PM IST

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