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Shankara Building Products consolidated net profit declines 2.04% in the March 2021 quarter

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Capital Market

Sales decline 3.75% to Rs 642.25 crore

Net profit of Shankara Building Products declined 2.04% to Rs 11.07 crore in the quarter ended March 2021 as against Rs 11.30 crore during the previous quarter ended March 2020. Sales declined 3.75% to Rs 642.25 crore in the quarter ended March 2021 as against Rs 667.27 crore during the previous quarter ended March 2020.

For the full year,net profit declined 65.30% to Rs 13.84 crore in the year ended March 2021 as against Rs 39.88 crore during the previous year ended March 2020. Sales declined 22.78% to Rs 2038.37 crore in the year ended March 2021 as against Rs 2639.73 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales642.25667.27 -4 2038.372639.73 -23 OPM %4.134.06 -3.484.35 - PBDT20.5919.80 4 44.1176.48 -42 PBT15.7315.24 3 20.1351.11 -61 NP11.0711.30 -2 13.8439.88 -65

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First Published: Jun 10 2021 | 1:18 PM IST

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