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Vinati Organics consolidated net profit declines 5.06% in the March 2021 quarter

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Capital Market

Sales rise 14.03% to Rs 279.77 crore

Net profit of Vinati Organics declined 5.06% to Rs 70.85 crore in the quarter ended March 2021 as against Rs 74.63 crore during the previous quarter ended March 2020. Sales rose 14.03% to Rs 279.77 crore in the quarter ended March 2021 as against Rs 245.34 crore during the previous quarter ended March 2020.

For the full year,net profit declined 19.32% to Rs 269.32 crore in the year ended March 2021 as against Rs 333.82 crore during the previous year ended March 2020. Sales declined 7.25% to Rs 954.26 crore in the year ended March 2021 as against Rs 1028.87 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales279.77245.34 14 954.261028.87 -7 OPM %35.4341.44 -36.9440.23 - PBDT105.57117.62 -10 378.15457.83 -17 PBT94.84107.92 -12 335.24424.67 -21 NP70.8574.63 -5 269.32333.82 -19

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First Published: May 13 2021 | 3:01 PM IST

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