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IP Rings standalone net profit declines 89.45% in the December 2021 quarter

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Capital Market

Sales rise 8.00% to Rs 71.95 crore

Net profit of IP Rings declined 89.45% to Rs 0.44 crore in the quarter ended December 2021 as against Rs 4.17 crore during the previous quarter ended December 2020. Sales rose 8.00% to Rs 71.95 crore in the quarter ended December 2021 as against Rs 66.62 crore during the previous quarter ended December 2020. ParticularsQuarter EndedDec. 2021Dec. 2020% Var.Sales71.9566.62 8 OPM %8.9816.06 -PBDT4.258.77 -52 PBT0.645.61 -89 NP0.444.17 -89

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First Published: Feb 05 2022 | 8:15 AM IST

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