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Cosmo Ferrites reports standalone net profit of Rs 2.30 crore in the March 2021 quarter

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Capital Market

Sales rise 93.05% to Rs 18.88 crore

Net profit of Cosmo Ferrites reported to Rs 2.30 crore in the quarter ended March 2021 as against net loss of Rs 3.84 crore during the previous quarter ended March 2020. Sales rose 93.05% to Rs 18.88 crore in the quarter ended March 2021 as against Rs 9.78 crore during the previous quarter ended March 2020.

For the full year,net profit reported to Rs 1.80 crore in the year ended March 2021 as against net loss of Rs 10.03 crore during the previous year ended March 2020. Sales rose 15.71% to Rs 63.65 crore in the year ended March 2021 as against Rs 55.01 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales18.889.78 93 63.6555.01 16 OPM %11.81-24.03 -10.29-5.58 - PBDT1.68-2.85 LP 4.43-6.27 LP PBT0.67-3.80 LP 0.48-10.02 LP NP2.30-3.84 LP 1.80-10.03 LP

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First Published: May 26 2021 | 4:27 PM IST

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