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IFB Industries reports consolidated net profit of Rs 7.71 crore in the March 2021 quarter

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Capital Market

Sales rise 62.78% to Rs 825.16 crore

Net profit of IFB Industries reported to Rs 7.71 crore in the quarter ended March 2021 as against net loss of Rs 19.49 crore during the previous quarter ended March 2020. Sales rose 62.78% to Rs 825.16 crore in the quarter ended March 2021 as against Rs 506.92 crore during the previous quarter ended March 2020.

For the full year,net profit rose 130.72% to Rs 63.24 crore in the year ended March 2021 as against Rs 27.41 crore during the previous year ended March 2020. Sales rose 6.21% to Rs 2800.80 crore in the year ended March 2021 as against Rs 2636.97 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales825.16506.92 63 2800.802636.97 6 OPM %6.560.16 -7.494.58 - PBDT56.32-3.97 LP 201.33117.22 72 PBT29.95-46.52 LP 98.9125.27 291 NP7.71-19.49 LP 63.2427.41 131

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First Published: Jun 15 2021 | 7:39 AM IST

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