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Gandhi Special Tubes standalone net profit rises 197.91% in the March 2021 quarter

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Capital Market

Sales rise 95.40% to Rs 40.35 crore

Net profit of Gandhi Special Tubes rose 197.91% to Rs 12.81 crore in the quarter ended March 2021 as against Rs 4.30 crore during the previous quarter ended March 2020. Sales rose 95.40% to Rs 40.35 crore in the quarter ended March 2021 as against Rs 20.65 crore during the previous quarter ended March 2020.

For the full year,net profit rose 69.16% to Rs 36.15 crore in the year ended March 2021 as against Rs 21.37 crore during the previous year ended March 2020. Sales rose 40.26% to Rs 113.53 crore in the year ended March 2021 as against Rs 80.94 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales40.3520.65 95 113.5380.94 40 OPM %40.7927.94 -39.4429.53 - PBDT17.836.81 162 50.8629.57 72 PBT17.035.88 190 47.5626.02 83 NP12.814.30 198 36.1521.37 69

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First Published: Jun 22 2021 | 4:40 PM IST

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