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Vijay Solvex consolidated net profit rises 337.09% in the March 2021 quarter

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Capital Market

Sales rise 58.79% to Rs 556.45 crore

Net profit of Vijay Solvex rose 337.09% to Rs 27.93 crore in the quarter ended March 2021 as against Rs 6.39 crore during the previous quarter ended March 2020. Sales rose 58.79% to Rs 556.45 crore in the quarter ended March 2021 as against Rs 350.43 crore during the previous quarter ended March 2020.

For the full year,net profit rose 223.03% to Rs 66.77 crore in the year ended March 2021 as against Rs 20.67 crore during the previous year ended March 2020. Sales rose 42.95% to Rs 2069.66 crore in the year ended March 2021 as against Rs 1447.78 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales556.45350.43 59 2069.661447.78 43 OPM %6.753.90 -3.792.46 - PBDT38.349.57 301 91.2129.52 209 PBT37.718.70 333 89.0327.47 224 NP27.936.39 337 66.7720.67 223

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First Published: Jun 30 2021 | 4:39 PM IST

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