Apex Frozen Foods standalone net profit declines 8.62% in the March 2021 quarter

Sales rise 29.33% to Rs 181.91 crore

Net profit of Apex Frozen Foods declined 8.62% to Rs 8.37 crore in the quarter ended March 2021 as against Rs 9.16 crore during the previous quarter ended March 2020. Sales rose 29.33% to Rs 181.91 crore in the quarter ended March 2021 as against Rs 140.66 crore during the previous quarter ended March 2020.

For the full year,net profit declined 26.96% to Rs 44.29 crore in the year ended March 2021 as against Rs 60.64 crore during the previous year ended March 2020. Sales declined 1.04% to Rs 818.48 crore in the year ended March 2021 as against Rs 827.11 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales181.91140.66 29 818.48827.11 -1 OPM %10.449.49 -11.1110.52 - PBDT16.8316.82 0 82.5595.35 -13 PBT11.8812.02 -1 60.6080.76 -25 NP8.379.16 -9 44.2960.64 -27

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