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Amit Spinning Industries reports standalone net profit of Rs 3.84 crore in the March 2021 quarter

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Capital Market

Sales rise 50.49% to Rs 18.48 crore

Net profit of Amit Spinning Industries reported to Rs 3.84 crore in the quarter ended March 2021 as against net loss of Rs 1.92 crore during the previous quarter ended March 2020. Sales rose 50.49% to Rs 18.48 crore in the quarter ended March 2021 as against Rs 12.28 crore during the previous quarter ended March 2020.

For the full year,net profit reported to Rs 1.87 crore in the year ended March 2021 as against net loss of Rs 9.83 crore during the previous year ended March 2020. Sales rose 18.27% to Rs 46.67 crore in the year ended March 2021 as against Rs 39.46 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales18.4812.28 50 46.6739.46 18 OPM %24.1932.82 -14.853.42 - PBDT4.063.00 35 3.42-2.72 LP PBT3.842.67 44 1.87-5.24 LP NP3.84-1.92 LP 1.87-9.83 LP

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First Published: Jun 30 2021 | 7:56 AM IST

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