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Cravatex reports standalone net profit of Rs 0.45 crore in the March 2021 quarter

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Capital Market

Sales decline 65.52% to Rs 0.20 crore

Net profit of Cravatex reported to Rs 0.45 crore in the quarter ended March 2021 as against net loss of Rs 0.53 crore during the previous quarter ended March 2020. Sales declined 65.52% to Rs 0.20 crore in the quarter ended March 2021 as against Rs 0.58 crore during the previous quarter ended March 2020.

For the full year,net profit rose 148.71% to Rs 5.77 crore in the year ended March 2021 as against Rs 2.32 crore during the previous year ended March 2020. Sales declined 4.55% to Rs 2.31 crore in the year ended March 2021 as against Rs 2.42 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales0.200.58 -66 2.312.42 -5 OPM %-420.00-187.93 --105.63-119.83 - PBDT0.30-0.36 LP 6.933.41 103 PBT0.11-0.55 LP 6.192.56 142 NP0.45-0.53 LP 5.772.32 149

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First Published: Jun 30 2021 | 8:25 AM IST

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