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Ginni Filaments standalone net profit declines 30.21% in the March 2022 quarter

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Capital Market

Sales rise 37.40% to Rs 328.04 crore

Net profit of Ginni Filaments declined 30.21% to Rs 10.65 crore in the quarter ended March 2022 as against Rs 15.26 crore during the previous quarter ended March 2021. Sales rose 37.40% to Rs 328.04 crore in the quarter ended March 2022 as against Rs 238.74 crore during the previous quarter ended March 2021.

For the full year,net profit rose 17.09% to Rs 48.36 crore in the year ended March 2022 as against Rs 41.30 crore during the previous year ended March 2021. Sales rose 39.32% to Rs 1084.46 crore in the year ended March 2022 as against Rs 778.42 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales328.04238.74 37 1084.46778.42 39 OPM %9.0914.00 -10.4914.18 - PBDT23.8829.10 -18 94.4485.86 10 PBT17.2823.87 -28 68.6361.06 12 NP10.6515.26 -30 48.3641.30 17

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First Published: May 06 2022 | 5:57 PM IST

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