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Prince Pipes & Fittings standalone net profit declines 9.25% in the March 2022 quarter

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Capital Market

Sales rise 18.37% to Rs 901.20 crore

Net profit of Prince Pipes & Fittings declined 9.25% to Rs 88.23 crore in the quarter ended March 2022 as against Rs 97.22 crore during the previous quarter ended March 2021. Sales rose 18.37% to Rs 901.20 crore in the quarter ended March 2022 as against Rs 761.36 crore during the previous quarter ended March 2021.

For the full year,net profit rose 12.43% to Rs 249.40 crore in the year ended March 2022 as against Rs 221.83 crore during the previous year ended March 2021. Sales rose 28.26% to Rs 2656.83 crore in the year ended March 2022 as against Rs 2071.52 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales901.20761.36 18 2656.832071.52 28 OPM %15.5919.28 -15.6417.46 - PBDT136.58146.32 -7 407.18358.56 14 PBT116.67131.23 -11 336.87299.14 13 NP88.2397.22 -9 249.40221.83 12

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First Published: May 20 2022 | 8:06 AM IST

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