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IP Rings standalone net profit declines 84.41% in the September 2021 quarter

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Capital Market

Sales rise 44.59% to Rs 66.25 crore

Net profit of IP Rings declined 84.41% to Rs 0.29 crore in the quarter ended September 2021 as against Rs 1.86 crore during the previous quarter ended September 2020. Sales rose 44.59% to Rs 66.25 crore in the quarter ended September 2021 as against Rs 45.82 crore during the previous quarter ended September 2020. ParticularsQuarter EndedSep. 2021Sep. 2020% Var.Sales66.2545.82 45 OPM %9.4314.32 -PBDT4.085.68 -28 PBT0.532.59 -80 NP0.291.86 -84

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First Published: Nov 02 2021 | 8:13 AM IST

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