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Polymechplast Machines consolidated net profit rises 124.44% in the March 2021 quarter

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Capital Market

Sales rise 88.42% to Rs 22.29 crore

Net profit of Polymechplast Machines rose 124.44% to Rs 1.01 crore in the quarter ended March 2021 as against Rs 0.45 crore during the previous quarter ended March 2020. Sales rose 88.42% to Rs 22.29 crore in the quarter ended March 2021 as against Rs 11.83 crore during the previous quarter ended March 2020.

For the full year,net profit rose 61.63% to Rs 2.78 crore in the year ended March 2021 as against Rs 1.72 crore during the previous year ended March 2020. Sales rose 38.67% to Rs 60.89 crore in the year ended March 2021 as against Rs 43.91 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales22.2911.83 88 60.8943.91 39 OPM %5.836.42 -6.426.45 - PBDT1.470.68 116 4.112.67 54 PBT1.310.65 102 3.652.36 55 NP1.010.45 124 2.781.72 62

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First Published: May 29 2021 | 4:00 PM IST

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