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Riba Textiles standalone net profit declines 16.67% in the March 2021 quarter

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Capital Market

Sales rise 24.60% to Rs 65.60 crore

Net profit of Riba Textiles declined 16.67% to Rs 0.35 crore in the quarter ended March 2021 as against Rs 0.42 crore during the previous quarter ended March 2020. Sales rose 24.60% to Rs 65.60 crore in the quarter ended March 2021 as against Rs 52.65 crore during the previous quarter ended March 2020.

For the full year,net profit declined 12.63% to Rs 5.88 crore in the year ended March 2021 as against Rs 6.73 crore during the previous year ended March 2020. Sales rose 7.21% to Rs 189.81 crore in the year ended March 2021 as against Rs 177.05 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales65.6052.65 25 189.81177.05 7 OPM %2.875.05 -8.048.84 - PBDT2.221.71 30 12.2812.17 1 PBT0.720.82 -12 7.518.66 -13 NP0.350.42 -17 5.886.73 -13

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First Published: Jun 30 2021 | 8:28 AM IST

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