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Prakash Pipes standalone net profit rises 23.82% in the December 2020 quarter

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Capital Market

Sales rise 36.56% to Rs 127.27 crore

Net profit of Prakash Pipes rose 23.82% to Rs 9.20 crore in the quarter ended December 2020 as against Rs 7.43 crore during the previous quarter ended December 2019. Sales rose 36.56% to Rs 127.27 crore in the quarter ended December 2020 as against Rs 93.20 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales127.2793.20 37 OPM %12.568.94 -PBDT15.519.91 57 PBT13.388.20 63 NP9.207.43 24

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First Published: Feb 08 2021 | 2:00 PM IST

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