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Sreechem Resins standalone net profit rises 1700.00% in the March 2021 quarter

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Capital Market

Sales rise 90.90% to Rs 16.36 crore

Net profit of Sreechem Resins rose 1700.00% to Rs 0.90 crore in the quarter ended March 2021 as against Rs 0.05 crore during the previous quarter ended March 2020. Sales rose 90.90% to Rs 16.36 crore in the quarter ended March 2021 as against Rs 8.57 crore during the previous quarter ended March 2020.

For the full year,net profit rose 611.54% to Rs 1.85 crore in the year ended March 2021 as against Rs 0.26 crore during the previous year ended March 2020. Sales rose 16.02% to Rs 34.47 crore in the year ended March 2021 as against Rs 29.71 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales16.368.57 91 34.4729.71 16 OPM %10.213.85 -8.533.06 - PBDT1.510.24 529 2.630.64 311 PBT1.450.24 504 2.400.45 433 NP0.900.05 1700 1.850.26 612

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First Published: Jul 01 2021 | 2:25 PM IST

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