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Banco Products (India) standalone net profit rises 148.69% in the March 2021 quarter

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Capital Market

Sales rise 52.70% to Rs 201.57 crore

Net profit of Banco Products (India) rose 148.69% to Rs 27.58 crore in the quarter ended March 2021 as against Rs 11.09 crore during the previous quarter ended March 2020. Sales rose 52.70% to Rs 201.57 crore in the quarter ended March 2021 as against Rs 132.00 crore during the previous quarter ended March 2020.

For the full year,net profit rose 15.13% to Rs 80.04 crore in the year ended March 2021 as against Rs 69.52 crore during the previous year ended March 2020. Sales rose 9.44% to Rs 637.45 crore in the year ended March 2021 as against Rs 582.46 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales201.57132.00 53 637.45582.46 9 OPM %15.4012.22 -18.3312.78 - PBDT29.2726.82 9 124.27120.56 3 PBT24.2721.64 12 104.29100.56 4 NP27.5811.09 149 80.0469.52 15

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First Published: Jun 26 2021 | 7:53 AM IST

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