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Ginni Filaments standalone net profit rises 120.84% in the March 2021 quarter

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Capital Market

Sales rise 23.22% to Rs 238.74 crore

Net profit of Ginni Filaments rose 120.84% to Rs 15.26 crore in the quarter ended March 2021 as against Rs 6.91 crore during the previous quarter ended March 2020. Sales rose 23.22% to Rs 238.74 crore in the quarter ended March 2021 as against Rs 193.75 crore during the previous quarter ended March 2020.

For the full year,net profit rose 624.56% to Rs 41.30 crore in the year ended March 2021 as against Rs 5.70 crore during the previous year ended March 2020. Sales declined 1.26% to Rs 778.42 crore in the year ended March 2021 as against Rs 788.36 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales238.74193.75 23 778.42788.36 -1 OPM %14.0010.21 -14.187.54 - PBDT29.1012.15 140 85.8629.61 190 PBT23.875.85 308 61.063.71 1546 NP15.266.91 121 41.305.70 625

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First Published: May 14 2021 | 5:20 PM IST

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