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Machino Plastics standalone net profit rises 415.38% in the March 2021 quarter

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Capital Market

Sales rise 22.09% to Rs 71.31 crore

Net profit of Machino Plastics rose 415.38% to Rs 2.68 crore in the quarter ended March 2021 as against Rs 0.52 crore during the previous quarter ended March 2020. Sales rose 22.09% to Rs 71.31 crore in the quarter ended March 2021 as against Rs 58.41 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 4.11 crore in the year ended March 2021 as against net loss of Rs 4.52 crore during the previous year ended March 2020. Sales declined 13.20% to Rs 209.75 crore in the year ended March 2021 as against Rs 241.65 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales71.3158.41 22 209.75241.65 -13 OPM %10.199.62 -7.847.57 - PBDT5.644.03 40 9.4011.13 -16 PBT1.92-0.52 LP -5.76-8.51 32 NP2.680.52 415 -4.11-4.52 9

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First Published: Jun 23 2021 | 8:08 AM IST

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