Tips Industries standalone net profit rises 146.81% in the December 2020 quarter

Sales rise 30.50% to Rs 31.45 crore

Net profit of Tips Industries rose 146.81% to Rs 12.39 crore in the quarter ended December 2020 as against Rs 5.02 crore during the previous quarter ended December 2019. Sales rose 30.50% to Rs 31.45 crore in the quarter ended December 2020 as against Rs 24.10 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales31.4524.10 30 OPM %59.0834.94 -PBDT19.589.16 114 PBT19.406.42 202 NP12.395.02 147

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