Arvee Laboratories (India) standalone net profit declines 31.75% in the March 2021 quarter

Sales rise 7.01% to Rs 8.85 crore

Net profit of Arvee Laboratories (India) declined 31.75% to Rs 0.43 crore in the quarter ended March 2021 as against Rs 0.63 crore during the previous quarter ended March 2020. Sales rose 7.01% to Rs 8.85 crore in the quarter ended March 2021 as against Rs 8.27 crore during the previous quarter ended March 2020.

For the full year,net profit rose 16.52% to Rs 2.68 crore in the year ended March 2021 as against Rs 2.30 crore during the previous year ended March 2020. Sales rose 4.32% to Rs 47.38 crore in the year ended March 2021 as against Rs 45.42 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales8.858.27 7 47.3845.42 4 OPM %11.7516.32 -12.7713.28 - PBDT1.241.25 -1 6.055.39 12 PBT0.620.68 -9 3.643.10 17 NP0.430.63 -32 2.682.30 17

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