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Stovec Industries standalone net profit rises 132.32% in the March 2021 quarter

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Capital Market

Sales rise 52.84% to Rs 64.36 crore

Net profit of Stovec Industries rose 132.32% to Rs 10.71 crore in the quarter ended March 2021 as against Rs 4.61 crore during the previous quarter ended March 2020. Sales rose 52.84% to Rs 64.36 crore in the quarter ended March 2021 as against Rs 42.11 crore during the previous quarter ended March 2020. ParticularsQuarter EndedMar. 2021Mar. 2020% Var.Sales64.3642.11 53 OPM %21.4913.23 -PBDT15.186.98 117 PBT13.935.89 137 NP10.714.61 132

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First Published: May 12 2021 | 7:34 AM IST

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