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Ratnamani Metals & Tubes consolidated net profit rises 62.50% in the March 2021 quarter

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Capital Market

Sales rise 10.49% to Rs 696.08 crore

Net profit of Ratnamani Metals & Tubes rose 62.50% to Rs 109.43 crore in the quarter ended March 2021 as against Rs 67.34 crore during the previous quarter ended March 2020. Sales rose 10.49% to Rs 696.08 crore in the quarter ended March 2021 as against Rs 629.98 crore during the previous quarter ended March 2020.

For the full year,net profit declined 10.26% to Rs 276.00 crore in the year ended March 2021 as against Rs 307.54 crore during the previous year ended March 2020. Sales declined 11.12% to Rs 2298.13 crore in the year ended March 2021 as against Rs 2585.68 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales696.08629.98 10 2298.132585.68 -11 OPM %22.8215.38 -17.4016.50 - PBDT161.72104.74 54 420.32464.88 -10 PBT146.7390.15 63 363.46406.37 -11 NP109.4367.34 63 276.00307.54 -10

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First Published: Jun 03 2021 | 7:34 AM IST

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