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Axtel Industries standalone net profit rises 57.30% in the December 2020 quarter

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Capital Market

Sales rise 61.13% to Rs 44.39 crore

Net profit of Axtel Industries rose 57.30% to Rs 7.00 crore in the quarter ended December 2020 as against Rs 4.45 crore during the previous quarter ended December 2019. Sales rose 61.13% to Rs 44.39 crore in the quarter ended December 2020 as against Rs 27.55 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales44.3927.55 61 OPM %19.6421.49 -PBDT10.056.69 50 PBT9.355.99 56 NP7.004.45 57

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First Published: Feb 12 2021 | 4:48 PM IST

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