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Tai Industries standalone net profit declines 88.95% in the March 2022 quarter

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Capital Market

Sales rise 36.31% to Rs 89.91 crore

Net profit of Tai Industries declined 88.95% to Rs 0.20 crore in the quarter ended March 2022 as against Rs 1.81 crore during the previous quarter ended March 2021. Sales rose 36.31% to Rs 89.91 crore in the quarter ended March 2022 as against Rs 65.96 crore during the previous quarter ended March 2021.

For the full year,net profit rose 50.92% to Rs 4.12 crore in the year ended March 2022 as against Rs 2.73 crore during the previous year ended March 2021. Sales rose 61.71% to Rs 300.82 crore in the year ended March 2022 as against Rs 186.02 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales89.9165.96 36 300.82186.02 62 OPM %0.510.55 -1.70-3.79 - PBDT0.631.76 -64 6.143.16 94 PBT0.551.70 -68 5.872.92 101 NP0.201.81 -89 4.122.73 51

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First Published: May 25 2022 | 5:34 PM IST

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